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


  • What is Urgent and Necessary in Haiti
    Jean Saint-Vil
    What is Urgent and Necessary in Haiti
    14 Jun 2023
    The author asks CARICOM member states to support the Haitian people in their struggle for sovereignty.
  • Colombia: The Friends and Enemies of Petro
    Gustavo Bolívar
    Colombia: The Friends and Enemies of Petro
    14 Jun 2023
    Colombia's new president is popular with the people but beset by enemies. It is a common situation where the popular vote is not indicative of who really holds political power.
  • A Deadly Fight: Senegal’s Political Crisis Escalates After Repression of Protesters
    Tanupriya Singh
    A Deadly Fight: Senegal’s Political Crisis Escalates After Repression of Protesters
    14 Jun 2023
    At least 16 people were killed after protests broke out in Senegal following the sentencing of leading opposition figure Ousmane Sonko to two years in prison. Mass public unrest has grown against…
  • Anniversary Report: Six-Day War, Democratic Republic of The Congo
    Friends of the Congo
    Anniversary Report: Six-Day War, Democratic Republic of The Congo
    14 Jun 2023
    Uganda and Rwanda began their incursions into the Democratic Republic of Congo 23 years ago. Full reparations to victims have not been paid and the two invader countries still act with impunity.
  • Second Session of the UN Permanent Forum on People of African Descent
    Black Agenda Radio with Margaret Kimberley
    Second Session of the UN Permanent Forum on People of African Descent
    09 Jun 2023
    Tunde Osazua is Outreach Coordinator for Black Alliance for Peace and a civil society representative in the UN Permanent Forum on People of African D
  • Load More
Subscribe
connect with us
about us
contact us