For years, social psychologists knew those with high socioeconomic status read the emotions of others poorly. But a June 2021 study in Social Psychological and Personality Science found when people experience economic inequality, they develop a more competitive mindset and, as a result, their emotional intelligence decreases.
“There’s more to gain and more to lose when there’s more inequality; people become more self-focused,” says study co-author Steven Heine, a social psychologist at the University of British Columbia. Generally, nobody wants to be at the bottom of the socioeconomic ladder, he says. When resources for those at the lower end shrink, competition increases and, in lock step, so does a more selfish outlook. “What we find is when people see more economic inequality, that makes them behave more like wealthier people,” he says.