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


  • New York Prosecutors Discriminate Against Jurors and Defendants of Color
    Black Agenda Radio with Margaret Kimberley
    New York Prosecutors Discriminate Against Jurors and Defendants of Color
    31 Mar 2023
    Ten ethics complaints were filed against prosecutors across New York state, alleging discrimination against prospective jurors of color.
  • INTERVIEW: Randall Robinson: Third World Advocate, 1983
    Editors, The Black Agenda Review
    INTERVIEW: Randall Robinson: Third World Advocate, 1983
    29 Mar 2023
    Remembering Randall Robinson: Black internationalist, anti-imperialist, and friend of Haiti.
  • Uganda LGBTQ Law Obscures Crimes Committed on Behalf of the U.S.
    Margaret Kimberley, BAR Executive Editor and Senior Columnist
    Uganda LGBTQ Law Obscures Crimes Committed on Behalf of the U.S.
    29 Mar 2023
    Uganda's anti-LGBTQ legislation has elicited worldwide condemnation. But that nation's history of invading, pillaging, and killing in the Democratic Republic of the Congo, with U.S. blessings, is…
  • 2023 Victoire Ingabire Umuhoza Democracy and Peace Prize Awarded to John Williams Ntwali and Kambale Musavuli
    Ann Garrison, BAR Contributing Editor
    2023 Victoire Ingabire Umuhoza Democracy and Peace Prize Awarded to John Williams Ntwali and Kambale Musavuli
    29 Mar 2023
    The Victoire Ingabere Umuhoza Prize for Democracy and Peace is awarded to people who work for democracy, peace, and freedom in the Great Lakes Region of Africa.
  • Saturday Mornings
    Raymond Nat Turner, BAR poet-in-residence
    Saturday Mornings
    29 Mar 2023
                                                           …
  • Load More
Subscribe
connect with us
about us
contact us