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


  • Whither Black Voters in 2024
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Whither Black Voters in 2024
    03 May 2023
    The duopoly trap for the 2024 election has been set, but Black voters can refuse to step into it.
  • SPEECH: “I’ll Be Damned if I Go Back to Work Under Those Conditions!” Lucy E. Parsons, May 1, 1930
    Editors, The Black Agenda Review
    SPEECH: “I’ll Be Damned if I Go Back to Work Under Those Conditions!” Lucy E. Parsons, May 1, 1930
    03 May 2023
    A 1930 speech by Black anarchist and labor organizer, Lucy Parsons, recalls the radical origins of May Day.
  • Africans in the US are a Colonized People: A Comment on the Indictment of the African People's Socialist Party
    ​​​​​​​ Ajamu Baraka, BAR editor and columnist
    Africans in the US are a Colonized People: A Comment on the Indictment of the African People's Socialist Party
    03 May 2023
    Red Scares, McCarthyism, COINTELPRO, "Black Identity Extremists" are all indicative of how the colonized are treated by the state.
  • May Day and Workers’ Rights in Eritrea
    Ann Garrison, BAR Contributing Editor
    May Day and Workers’ Rights in Eritrea
    03 May 2023
    The Eritrean people struggle against sanctions and warfare instigated by the US. They recognize their efforts on International Workers Day, May Day.
  • Division’s still 1% survival math
    Raymond Nat Turner, BAR poet-in-residence
    Division’s still 1% survival math
    03 May 2023
                                                         
  • Load More
Subscribe
connect with us
about us
contact us