> lower living standards

Not lower but different living standards.

Also, please mind the context. Lying flatism is originated in China, that is famous for the absurd work-life balance. You know, work 6 days/week, 9am to 9pm or even stay later. Find a romantic partner, but spend time with them only Saturday evenings and on Sundays. Bring kids into this amazing lifestyle, see them also on Sundays (the rest of time, grandparents will take care of them).

It's kinda obvious that people started to understand that something is going wrong and now are testing the way to fix it.