Money-rich, time-poor

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.

  • The fantasy novel Momo by German author Michael Ende dealt with this issue, in regards to time and its use in the modern society.

See also

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.