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


  • BT News
    Jemima Pierre, BAR Editor and Contributor
    Haiti Doesn’t Have a ‘Gang’ Problem, It Has a US Imperialism Problem w/ Dr. Jemima Pierre
    21 Feb 2024
    Dr. Jemima Pierre joins BreakThrough News to discuss the nationwide uprisings in Haiti where thousands of demonstrators have flooded the streets calling for the ouster of the unelected Prime Minister…
  • Fani Willis
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Phony Fani Willis, Misguided Support, and the Atlanta Plantation
    21 Feb 2024
    Public reaction to the Fani Willis soap opera is an example of how cynical Black misleadership creates confusion among the masses.
  • Lorraine Hansberry
    Editors, The Black Agenda Review
    SPEECH: A Challenge to Artists, Lorraine Hansberry, 1962
    21 Feb 2024
    At a rally against the House Un-American Activities Committee, insurgent playwright Lorrainne Hansberry called on artists to shake off the fear and incoherency of the world to defend the peoples’…
  • Congolese burn an American flag
    Ann Garrison, BAR Contributing Editor
    Congolese Journalist: It’s Time to Stop Negotiating with Rwanda
    21 Feb 2024
    Rwanda’s M23 militia and Rwandan Special Forces have been advancing on Goma, the capital city of North Kivu Province in the Democratic Republic of the Congo (DRC). Ann Garrison speaks with Congolese…
  • Colin Kaepernick
    Raymond Nat Turner, BAR poet-in-residence
    The Karma of Kap or curse of capitalism??
    21 Feb 2024
    "The Karma of Kap or curse of capitalism??" is the latest from our Poet-in-Residence.
  • Load More
Subscribe
connect with us
about us
contact us