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


  • Star Spangled Blackness: How The 1619 Project Celebrates An Anti-African, Black American Identity
    Dr. Charity Clay
    Star Spangled Blackness: How The 1619 Project Celebrates An Anti-African, Black American Identity
    15 Feb 2023
    Black people must differentiate between pride in self and their ancestors and any attempt to forge connections with the nation that continues to oppress.
  • Wilson Center Think Tank Reloads the US Roadmap Against Venezuela
    Misión Verdad
    Wilson Center Think Tank Reloads the US Roadmap Against Venezuela
    15 Feb 2023
    State affiliated think tanks often shape foreign policy in Washington.
  • Black Agenda Radio February 10, 2023
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio February 10, 2023
    10 Feb 2023
    The US regime of economic coercive measures is investigated by a newly formed tribunal, prison abolition is a necessity, and so are changes in drug policy.
  • International People's Tribunal on U.S. Imperialism
    Black Agenda Radio with Margaret Kimberley
    International People's Tribunal on U.S. Imperialism
    10 Feb 2023
    The Tribunal is holding hearings on the impact of sanctions, economic coercive measures, in 16 countries in Latin America, Africa and Asia.
  •  R.E.A.L. Youth Initiative Works for Prison Abolition
    Black Agenda Radio with Margaret Kimberley
    R.E.A.L. Youth Initiative Works for Prison Abolition
    10 Feb 2023
    R.E.A.L. Youth Initiative develops revolutionary consciousness and community among current and formerly incarcerated youth towards abolition of prisons and the conditions that reproduce them.
  • Load More
Subscribe
connect with us
about us
contact us