"The children have inherited a world their ancestors could only dream of. A more equitable and luxurious existence. But the problems of the past have widely been forgotten, and their solutions have brought about new classes of problems."
Going to take America for example, since that is the culture I grew up in.
Children don't work in factories or sweep chimneys anymore. Childhood is now free of labor. School is broken but conflating that gulag with labor isn't fair.
Prime working age is 18-65. Mid-to-late 20's with extra school. Compare that to a few hundred years ago and 50% of humans were dead before the age of 5, and 50% of the ones who survived that were dead by 30. You lived to work and you worked until you died.
The amount of time we spend on food prep, house hold maintenance, etc. is down significantly. The "hours worked per unit X" for consumption is down substantially, meaning you work less to accumulate the same standard of living compared to 100 years ago. The 40 hour work week is also relatively novel.
Life generally sucked for our ancestors. Our world is a utopia in contrast and we take it for granted.
From video games, to TV, to art, to resteraunts, to climate control, etc. Luxury is everywhere. Luxury is more abundant. We just moved the goal posts.