The DH and I have just started reading a very interesting book that has already spawned much discussion. It is called The Price of Privilege by Madeline Levine Ph.D. I have not read enough of it for a full review/post, but it has already got me thinking. The basic premise is that children of "affluence" often struggle from the same psychological and social problems as their "at risk" peers who live much closer to the poverty level. Amazingly the prevalence may be even higher in groups of kids who are assumed to be "problem free" thanks to the presence of enough money in the equation.
The main idea the author presents is that the ability to provide all the material goods a child desires and the financial stability that creates "good parenting" via constant enrichment and encouragement, may still leave major holes in the upbringing of children. In a nut shell, having an I-Phone and a designer prom dress may not be enough for kids to actually develop into functioning, relatively happy adults. There is no coincidence that affluent parents appear to be the most involved with their children, and are more likely to helicopter parent, but this may also be the group that spends the least amount of time actually parenting their kids.
More to follow on all of this, but I just had to point this book out as another "must read." It connects nicely with the other books about which I have posted, especially the ones that focus on The Millenials as a perfect example of a generation where relative affluence and uber-parenting became the norm. So much to read and discuss...so little time.