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


  • Fact Find Mission to Donbass Part 3
    John Parker
    Fact Find Mission to Donbass Part 3
    07 Sep 2022
    John Parker is the Socialist Unity Party candidate for U.S. Senate in California on the Peace and Freedom Party ticket. This is Part 3 of his report on his fact-finding trip observing …
  • At Least One Person Dead After a New Day of Anti-Government Protests in Haiti
    Peoples Dispatch
    At Least One Person Dead After a New Day of Anti-Government Protests in Haiti
    07 Sep 2022
    Haitians have been mobilizing against the Ariel Henry administration’s inability to combat crime, inflation and poverty. All of these ills are a direct result of Haiti's status as a puppet of the U.S…
  • Land Grabs and Conservation Propaganda
    Aby L. Sène
    Land Grabs and Conservation Propaganda
    07 Sep 2022
    The African conservation movement is run by European and American NGOs and wealthy individuals. Land grabs are committed in the name of biodiversity.
  • Black Agenda Radio September 2, 2022
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio September 2, 2022
    02 Sep 2022
    This segment examines the policing and incarceration systems and how the political duopoly protects them instead of protecting the people. CURB's mission is to reduce incarceration in…
  • CURB Fights Incarceration in California
    Black Agenda Radio with Margaret Kimberley
    CURB Fights Incarceration in California
    02 Sep 2022
    Amber-Rose Howard is Executive Director of CURB, Californians United for a Responsible Budget. CURB is a Black-led coalition of 80 grassroots organizations dedicated to reducing the number of…
  • Load More
Subscribe
connect with us
about us
contact us