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

Billionaire Wealth Breaks All Records in Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
02 Feb 2021
🖨️ Print Article

Margaret Kimberley · Billionaire Wealth Breaks All Records in Crisis

The US billionaire class has grown at unprecedented speed during the pandemic and economic crises, increasing their wealth by over a trillion dollars and adding 46 new oligarchs to their numbers, according to a report by the Institute for Policy Studies. Never has the world seen wealth accumulation at such a scale, said Omar Ocampo, a researcher for the study. “We need to create an economic system that does not allow for wealth tobe extremely concentrated,” said Ocampo. “ This could be done by “growing the labor movement” and instituting “workplace democracy and worker ownership.”

 

Late Stage Capitalism

Related Podcasts

Democrats Deploy “Diversity” to Mask Renewed War and Austerity
Black Agenda Radio with Margaret Kimberley and Glen Ford
Democrats Deploy “Diversity” to Mask Renewed War and Austerity
15 December 2020
The “new regime is just a return to the old regime of endless austerity and war,” said Duboisian scholar Dr Anthony Monteiro, an o
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
Black Agenda Radio with Margaret Kimberley and Glen Ford
Has Covid-19 Initiated the Final, Fatal Crisis of Capitalism?
27 July 2020
The Covid-19-sparkd global economic depression is “a singular event in the history of world capitalism,” said Duboisian scholar Anthon
Reading During “Perfect Storm” of Crisis
Black Agenda Radio with Margaret Kimberley and Glen Ford
Reading During “Perfect Storm” of Crisis
29 June 2020
Medical, economic and political crises have combined to create a “perfect storm for reading, because of the ways that the ideology of whiteness has

More Stories


  • Erica Caines
    Dialectics, Iran and the Long Durée of Anticolonial Revolution
    08 Apr 2026
    The war on Iran is part of a class war against any country that refuses to open itself up for foreign profit. Understanding Iran means seeing its fight as part of the same struggle that defines the…
  • Adam Mahoney
    An Oil Explosion in a Black Texas Town Traces Back to Trump’s Iran and Venezuela Crises
    08 Apr 2026
    “The chickens have come home to roost,” one resident said. “Our exact fears have come true.”
  • BAR Radio Logo
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio April 3, 2026
    03 Apr 2026
    In this week’s segment, we discuss the impact on the voting rights of Black people if the SAVE Act is signed into law. But we begin with a discussion of an historic vote at the United Nations which…
  • UN resolution vote
    Black Agenda Radio with Margaret Kimberley
    Trans-Atlantic Slave Trade Crime Against Humanity
    03 Apr 2026
    Kwesi Pratt Jr. is General Secretary of the Socialist Movement of Ghana.
  • Stop the SAVE Act
    Black Agenda Radio with Margaret Kimberley
    Black Votes Jeopardized by the SAVE Act
    03 Apr 2026
    The SAVE Act would require proof of U.S. citizenship to be presented in person in order to register to vote in this country and would disenfranchise millions of people who are currently able to vote…
  • Load More
Subscribe
connect with us
about us
contact us