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


  • Zambia’s Debt Crisis a Warning for What Looms Ahead for Global South
    Tanupriya Singh
    Zambia’s Debt Crisis a Warning for What Looms Ahead for Global South
    28 Sep 2022
    Zambia is heading toward critical negotiations to restructure its mounting debts. The IMF has approved a $1.3 billion bailout plan for the country, which will impose cruel austerity measures on the…
  • In Response to Antonio Guterres, Haitian Organizations Point to the Responsibility of the UN in the "Gangsterization of Haiti"
    AlterPresse
    In Response to Antonio Guterres, Haitian Organizations Point to the Responsibility of the UN in the "Gangsterization of Haiti"
    28 Sep 2022
    The United Nations is complicit in what is referred to as the "gangsterization" of Haiti. The existence of criminal gangs is the result of UN Core Group interference yet is now the pretext for…
  • What is Nkrumahism-Touréism?
    All African Peoples Revolutionary Party
    What is Nkrumahism-Touréism?
    28 Sep 2022
    The Pan-African revolutionary thought of Ahmed Sékou Touré and Kwame Nkrumah is an essential guide in seeking liberation for African people.
  • Black Agenda Radio September 23, 2022
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio September 23, 2022
    23 Sep 2022
    Laith Marouf and all defenders of Palestinian rights struggle against political and media erasure, Tracy McCarter and other abuse survivors face prosecution when defending themselves, and people with…
  • Laith Marouf and the Struggle to Defend Palestine
    Black Agenda Radio with Margaret Kimberley
    Laith Marouf and the Struggle to Defend Palestine
    23 Sep 2022
    Laith Marouf is Policy Consultant with the Community Media Advocacy Centre (CMAC) in Montreal and a long-time defender of Palestine and the rights of Palestinian people. He has been publicly attacked…
  • Load More
Subscribe
connect with us
about us
contact us