Yep. That's exactly the point I think.
It seems that all that and other arbitrarities lead to a big chain of unhapiness and its derivatives (anxiety (panic attacks, depression, burnout)), uncontrolled consumption, unemployment, etc.
Children today rarely see the results of their labor. School grades are so inflated there is little correlation with the quality of work and the mark. This causes anxiety because children rarely feel competent and frankly many are not.