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


  • Solino mobilization
    Ann Garrison, BAR Contributing Editor
    The Haitian State Is Neo-colonized, Not “Failed”
    27 Mar 2024
    ​​​​​​​Ann Garrison spoke to Professor Danny Shaw, who speaks fluent Haitian Creole and returned from his last trip to Haiti one month ago.
  • Raymond Nat Turner, BAR poet-in-residence
    Sitting Shiva in South Florida for Our souls/slivers of democracy …
    27 Mar 2024
    "Sitting Shiva in South Florida for Our souls/slivers of democracy …" is the latest from BAR's Poet-in-Residence.
  • Vote uncommitted sign
    Dr.Wilmer J. Leon, III
    It’s Not Voter Apathy; You’re Not Listening
    27 Mar 2024
    Politicians and the liberal media cite "voter apathy" as the cause of reduced voter turnout, but the reality is that their devotion to corporate interests over those of the people creates a seeming…
  • Shasta people
    Zach Frye
    No Green For Go: How Settler-Colonialism Kills More Than Just People
    27 Mar 2024
    Settler colonialism has caused the destruction of indigenous lands around the world and, as a result, the environment in which we all live. The path forward is an global struggle against these forces.
  • Black people at a Panthers protest
    Mark P. Fancher
    Black, Angry and Proud of It
    27 Mar 2024
    For Africans in the U.S., anger is an important first step in mentally emancipating themselves from empire and declaring war on it.
  • Load More
Subscribe
connect with us
about us
contact us