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


  • Counter-insurgency and Black Studies: An Interview with Tea Troutman
    Tea Troutman , Roberto Sirvent, BAR Book Forum Editor
    Counter-insurgency and Black Studies: An Interview with Tea Troutman
    30 Aug 2023
    Counter-insurgency and Black Studies: An Interview with Tea Troutman
  • Katrina, Rich Men North Of Richmond, And The Persistent Hatred of Poor People
    Jacqueline Luqman
    Katrina, Rich Men North Of Richmond, And The Persistent Hatred of Poor People
    30 Aug 2023
    The anniversary of Hurricane Katrina and a new song are reminders that a strong hatred of the poor continues in the U.S.
  • Challenging Imperialism: Communist Party of Kenya Stands in Solidarity for Justice and Equality with the Haitian People
    Communist Party of Kenya
    Challenging Imperialism: Communist Party of Kenya Stands in Solidarity for Justice and Equality with the Haitian People
    30 Aug 2023
    The Communist Party of Kenya strongly condemns their nation's involvement in the impending occupation of Haiti.
  • No to Blackface imperialism. Yes to Haitian Sovereignty
    Black Alliance for Peace Haiti/Americas Team
    No to Blackface imperialism. Yes to Haitian Sovereignty
    30 Aug 2023
    The plan for the next occupation of Haiti involves Caribbean nations Jamaica and the Bahamas. Even far away Kenya is allowing itself to be used to give cover to a racist attack.
  • Tens of Thousands Pledge to Resist an Imperialist-backed Intervention in Niger
    Abayomi Azikiwe
    Tens of Thousands Pledge to Resist an Imperialist-backed Intervention in Niger
    30 Aug 2023
    The U.S. is instigating a regional attack on Niger, but the people of that nation are in solidarity with others who will resist any aggression.
  • Load More
Subscribe
connect with us
about us
contact us