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Money-rich, time-poor is an expression which arose in Britain at the end of the 20th century to describe groups of people who, whilst having a high disposable income through well-paid employment, have relatively little leisure time as a result. Time poverty has also been coined as a noun for the phenomenon.
Many people accept time poverty as a necessary condition of employment; others have sought to solve the problem through downshifting or through adoption of flexible working arrangements. The problem affects both salaried workers who work long hours even though they might be well compensated as well as hourly low-wage workers who work long hours to earn more money.
Video Money-rich, time-poor
In popular culture
- The fantasy novel Momo by German author Michael Ende dealt with this issue, in regards to time and its use in the modern society.
Maps Money-rich, time-poor
See also
- Work-life balance
- Affluenza
- Slow movement
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External links
- GatesNotes 2016 Annual Letter
Source of article : Wikipedia
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