The market mindset erodes social mindfulness

Abstract

AbstractPrevious studies have mainly explored the impacts of social mindfulness on social behaviours (e.g., cooperation), little is known about crucial macro social environment factors that affect social mindfulness, like the market economy. With the development of the market economy, people typically acquire the self‐centred and rational market mindset which may suppress social mindfulness. Therefore, the current study aimed to examine the causal relationship between the market mindset and social mindfulness, as well as the psychological mechanism behind the effect. In Study 1, participants whose market mindset was activated by recalling market experiences showed lower social mindfulness than those whose non‐market mindset was activated by recalling other experiences. Studies 2 and 3 explored the mediation of perspective taking and state empathy behind the detrimental effect. It was found that the relationship between the market mindset and social mindfulness was mediated by perspective taking rather than by state empathy. Together, the present three studies expand the existing literature on the relationship between the market mindset and social mindfulness and remind policymakers to pay attention to the adverse effects of the market mindset on social mindfulness.