Wealth inequality, as described by Nate Hagens, refers to the uneven distribution of financial assets and resources among individuals or groups within a society, leading to significant disparities in economic well-being. Hagens emphasizes that this imbalance is a multifaceted issue, influenced by historical, political, and systemic factors, as well as differing access to opportunities and educational resources. He highlights that such disparities are not only a matter of material wealth but also encompass the ability to influence and control societal and ecological outcomes. This dynamic ultimately perpetuates a cycle where the affluent have greater means to enhance their wealth and opportunities, while those with less find it increasingly difficult to improve their socio-economic status, thus exacerbating social tension and undermining societal resilience and sustainability.

See also: income inequality, economic system, financial system, economic growth, human labor