Why do we never have enough time? Economic inequality fuels the perception of time poverty by aggravating status anxiety

Abstract

People in many societies report that they do not have enough time. What makes people feel so rushed? We propose that economic inequality leads to perceived time poverty by increasing status anxiety. Five studies examined this line of reasoning. Study 1 (N = 230) found a positive correlation between economic inequality and perceived time poverty. Study 2 (N = 194) manipulated economic inequality to test the causal link between economic inequality and perceived time poverty. The results showed that people perceived more time poverty in the high (vs. low) economic inequality condition. Study 3 (N = 381) supported the mediating role of status anxiety in the relationship between economic inequality and perceived time poverty using a questionnaire survey. Study 4 (pre‐registered; N = 283) manipulated economic inequality in an ecological valid way and yielded further support for the hypotheses. In pre‐registered Study 5 (N = 233), a blockage manipulation design was employed to test the mediating effect of status anxiety as a function of economic inequality, which provided causal evidence for the proposed mediator. Our findings suggest that economic inequality serves as a structural societal factor that fuels people's perception of time poverty.