There's some truth here. But I know who aren't spoiled... the kids I work with who lived with 5 siblings in a 3 bedroom in Weston and are making $100K now and saving it. But they aren't grown either...
No answers just questions...
They may not be spoiled financially, but were they coddled? What was their upbringing? What values were they conditioned to learn?
We are all products of our environment. Mostly our parents, but also our material conditions, the media we're exposed to, our teachers, our peers etc.
As a culture we've never been financially and materially better off, and yet our psychology and spirit suffers like never before. We're overfed, fat and bloated, and hide inside our homes sitting front of our computers and televisions.