Here’s a dilemma. Why do we worry about economic inequality? Some argue that it is psychologically harmful to have a large gap between the richest and the poorest. It causes status anxiety. This kind of anxiety leads to social problems too. (See the book The Spirit Level: Why Equality is Better for Everyone for this argument.) So what matters is the size of the gap, not just whether the poorest have their basic needs met.
Does this gap have to exist in reality for it to be harmful? What if it is only perceived? If we think that other people have a higher status than we do, then we become anxious about it. We might turn out to be wrong, but at that point it is too late to avoid the anxiety we felt earlier.
Look at your Facebook news feed. All those photographs of expensive dinners. The weddings, engagements and babies. Parties and perfect-looking friendships. Facebook presents a polished version of our friends’ lives. The reality is probably more up and down, but it is mostly the ups that are posted on Facebook.
We therefore perceive a wider inequality. Unequal because our Facebook friends seem happier, more successful, less troubled than we are. It is irrelevant that they are not the same in reality. It does not matter if in secret they live lives more like our own. We feel status anxiety nonetheless.
Below I link to a study that suggests this effect is real. People are happier without Facebook, and it seems to be because they stop comparing their own lives with the synthetically polished lives of their friends. So should we start worrying about social media inequality alongside economic inequality? If not, then to be consistent do we need to drop the ‘status anxiety’ argument as a good reason for fighting economic inequality?