The Price of Privilege Book Summary

In "The Price of Privilege," psychologist Madeline Levine unveils the hidden struggles of affluent adolescents, challenging the myth that wealth equates to happiness. Through compelling stories and cutting-edge research, she reveals how privilege can breed emotional turmoil, entitlement, and disconnection. Levine argues that the pressure to succeed and maintain high expectations can lead to anxiety and depression among privileged youth. As she navigates the complex dynamics of family, identity, and mental health, Levine offers insightful strategies for fostering resilience and authentic connection. Are the true costs of privilege worth the price?

By Madeline Levine, PhD

Published: 2009

"The Price of Privilege explores the idea that wealth and privilege can create emotional and psychological challenges for young people."

Book Review of The Price of Privilege

In this ground-breaking book on the children of affluence, a well-known clinical psychologist exposes the epidemic of emotional problems that are disabling America’s privileged youth, thanks, in large part, to normalized, intrusive parenting that stunts the crucial development of the self. In recent years, numerous studies have shown that bright, charming, seemingly confident and socially skilled teenagers from affluent, loving families are experiencing epidemic rates of depression, substance abuse, and anxiety disorders&—rates higher than in any other socioeconomic group of American adolescents. Materialism, pressure to achieve, perfectionism, and disconnection are combining to create a perfect storm that is devastating children of privilege and their parents alike. In this eye-opening, provocative, and essential book, clinical psychologist Madeline Levine explodes one child-rearing myth after another. With empathy and candor, she identifies toxic cultural influences and well-intentioned, but misguided, parenting practices that are detrimental to a child's healthy self-development. Her thoughtful, practical advice provides solutions that will enable parents to help their emotionally troubled "star" child cultivate an authentic sense of self.

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The Price of Privilege explores the idea that wealth and privilege can create emotional and psychological challenges for young people.

The Price of Privilege

By Madeline Levine, PhD