How do you enable item labels in inventory on PC

I originally started my search for a mod that would display item labels on the badges so I didn't have to hover each and every one, and noticed several mods with images depicting exactly what I wanted, such as https://staticdelivery.nexusmods.com/mods/1634/images/2074/2074-1631231303-1483420870.jpeg

However, continuing my search for how to enable these labels kept producing results for ARK, instead of NMS.

Is this a setting, or a button that I've missed? How can this be activated?