Increased economic disparity makes parents intensely anxious about their children's future success. This fear drives them to over-schedule and micromanage their kids' lives, focusing on resume-building activities rather than free play, which contributes to a more stressful childhood.

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Young employees' perceived lack of resilience isn't a generational flaw but a result of parenting that shielded them from hardship. The decline of teenagers working difficult, blue-collar summer jobs has created adults who are less prepared for the realities of the workplace.

Young people face a dual crisis: economic hardship and a psychological barrage from social media's curated success. This creates a "shame economy," where constant notifications of others' fake wealth intensify feelings of failure, loneliness, and anxiety more than any other societal factor.

Parents obsess over choices affecting long-term success, but research suggests these have minimal effect on outcomes like personality. Instead, parenting profoundly shapes a child's day-to-day happiness and feelings of security, which are valuable in themselves and should be the primary focus.

Over the same decades that children's independent play has declined, rates of youth anxiety and depression have steadily risen. Unsupervised play is crucial for developing an "internal locus of control," which allows kids to learn they can handle life’s challenges and builds resilience.

While well-intentioned, attending every single school recital or sports game can create unrealistic expectations for children. Occasionally missing an event teaches resilience, adaptability, and the reality that life sometimes gets in the way, better preparing them for adulthood.

Economist Joseph Hotz theorizes that parents subconsciously enforce stricter rules on their firstborn as an efficiency play. By maximizing the oldest child's success, they create a role model whose achievements and behaviors will 'spill over' to younger siblings, maximizing the return on total parental investment.

The frenzy around elite college admissions is a systemic 'collective action trap.' Even parents and students who understand the limited value of prestige are forced to compete due to intense social pressure and status anxiety, amplified by social media. Opting out individually carries too high a social cost.

Society is experiencing a 'generational whiplash' in parenting. A reaction against strict methods led to a culture of 'eighth-place trophies,' producing adults ill-equipped for real-world consequences. A counter-movement is now emerging where parents are reintroducing competition and accountability to better prepare their children for life's challenges.

This external form of perfectionism, driven by social media and academic pressures, is up 40% since the 1980s. It is more strongly linked to anxiety, depression, and hopelessness than self-imposed perfectionism is.

The massive investment gap in education ($75k/year at elite private schools vs. $15k at average public schools) creates an insurmountable advantage for the wealthy. This financial disparity, which translates to a 370-point SAT gap, is a more powerful determinant of future success than individual character or talent.