New Economy, Inequality
One very important determinant of parents’ child-raising strategies is the level of inequality in a given society.



“In a nutshell, we think that economic conditions have a lot of influence on the way parents raise their children. So, in the United States, compared to the 1960s and 1970s, the number of hours parents spend supervising the activities of their children has increased dramatically. This trend is especially strong in countries where economic inequality has grown the most, and in general that’s where we see more of what’s become known as ‘helicopter parenting.’

“Why is this so? Well, parents want their children to do well in life, to be successful. And in a society that is very unequal—where there are lots of opportunities if one does well and very negative outcomes if one is less successful—parents will be more worried that their children won’t become high achievers in school. But if you go to a country where there is less inequality, parents may be less worried about that, not because they care less about their children, but because the negative outcomes aren’t as bad. There are some other things they care about—maybe to see their children happy and to let them express their individuality. And those things can get sacrificed when there is pressure on them to be high achievers.”
Article: Why Swedes Are Chiller Parents Than Americans