Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017
🖨️ Print Article

A study by the Economic Policy Institute predicts Black household wealth will plunge to zero by the year 2053. “What this study really points to is the fact that U.S. capitalism is on a path to destruction, and cannot stop,” said Black Agenda Report contributor Danny Haiphong, author of a recent article titled “Black America: The Wealth-less Community.” “A lot of the conversation about racism has very little to do with the material circumstances of Black people,” said Haiphong.

black wealth

Related Podcasts

Black Capitalism Can’t Fix Racial Wealth Gap
Black Agenda Radio with Nellie Bailey and Glen Ford
Black Capitalism Can’t Fix Racial Wealth Gap
14 August 2018
Black banks are useful and should be supported, but only some form of reparations can confront the disastrous Black economic condition, said
Black Agenda Radio, week of October 2, 2017
Nellie Bailey and Glen Ford
Black Agenda Radio, Week of October 2, 2017
04 October 2017
Zero Black Wealth by 2053, Rev.

More Stories


  • Obama and Black America
    Kevin Alexander Gray
    Obama and Black America
    15 Mar 2023
    Kevin Alexander Gray analyzed Barack Obama's presidential election and its negative impact on Black people and their politics.
  • Captive Maternal Roundtable: Rebecca A. Wilcox
    Rebecca A. Wilcox
    Captive Maternal Roundtable: Rebecca A. Wilcox
    15 Mar 2023
    The following is part of the first installment of our “Captive Maternal Roundtable” on Joy James’ new book, In Pursuit of Revolutionary Love: Precarity, Power, Communities.
  • Captive Maternal Roundtable: Da'Shaun Harrison
    Da'Shaun Harrison
    Captive Maternal Roundtable: Da'Shaun Harrison
    15 Mar 2023
    The following is part of the first installment of our “Captive Maternal Roundtable” on Joy James’ new book, In Pursuit of Revolutionary Love: Precarity, Power, Communities.
  • Renewed Calls for International Solidarity from Haitian Trade Unions and Civil Society Organizations
    Travis Ross
    Renewed Calls for International Solidarity from Haitian Trade Unions and Civil Society Organizations
    15 Mar 2023
    Haitian trade unions and civil society groups are united in demanding sovereignty for their nation and an end to foreign interference.
  • Eddie Conway Tribute
    Mali Collins
    Eddie Conway Tribute
    15 Mar 2023
    The late Eddie Conway was a young member of the Black Panther Party who was framed for the killing of a police officer and spent more than 40 years in jail. His experience as a political…
  • Load More
Subscribe
connect with us
about us
contact us