1950s

Raydawg -
Unlike most of the 1950s families, my Mom worked a full time job.  But, my grandmother lived with us, and it was she who took care of me during the summers and after school, ( I am an only child), she had most dinners made so my Mom didn't have to rush home and try to prepare a meal, G'ma cleaned the house, and did most of what would otherwise be "housewife chores", making my Mom's life much easier than most working mothers have it today.
Yes, working wives have taken a toll on the kids.  I had a lawyer who worked for me, made a very nice income, and he and his wife had 2 kids.  The wife insisted on working to "fulfill her", or some kind of crappy reason.  She didn't make much money, and after $1,000/month for day care, transportation costs, lunches during the work week, etc. I bet she netted very little real income.
They could easily have lived on his salary alone, if they lived even close to how my family did in the 1950s.
But she would not hear of it - it isn't the "thing to do" for a young, college educated woman today.  Too mundane, she thought.
I fear their children will suffer for it.

Jerry, Grandparents played an important role too.....

Who else could spoil you in a manner that wouldn't taint you?  

The very wisdom they possessed from merely having lived life was invaluable. Too bad most of that knowledge now is locked away in retirement (nursing) homes......
For the very same reasons why the lady you shared does  

My wife and I decided that she would not work so someone would be home for the boys. This does a couple of positive things for children. It allows for instant access in case of a problem, and more importantly, the child realizes that he or she is the most important thing to the parents which is good for their self esteem. In retrospect it was the best decision we ever made.
Children need care and guidance from adults who have a vested interest in their well-being, not professional caregivers or teachers, who are only responsible for them for part of the day, and unless there is abuse suspected, can not be involved with the kids up-bringing other than during the time the kids are in their care.
Lets talk about corporal punishment, both at home and at school.
My first day in kindergarten the teacher told me to stop what I was doing and come and sit in the circle. I innocently  told her that she wasn't my mother and couldn't tell me what to do. The result was that I had to kneel over a chair with my pants down and receive a few good whacks on my underwear with a yardstick. I got the strap a couple of times for fighting. My parents had always taught me to avoid fights, and I tried to, but after some kid picked on me day after day I would loose it and fight back- hard. ( My parents didn't know for a long time, but both my grandfather and an uncle had been pro boxers when they were young, and had taught me how to fight.)
There is no corporal punishment in the schools anymore, and you are not even supposed to yell at them. Several years ago I was supply teaching in a school, and a grade 8 kid threw a candy wrapper on the floor as he was walking out at the end of the day. I loudly asked him to come back and pick it up, and I even said please. He flipped me the bird and kept going. The principal had heard me and came up to me and said "we don't yell at students in this school" to which I replied "That's probably why the think they can throw garbage on the floor and flip teachers the bird and get away with it."
We spanked our kids when they needed it, and the most frightening words my mother could say to me were "Wait 'till you father gets home", which usually meant a few licks with his belt.

the child realizes that he or she is the most important thing to the parents which is good for their self esteem.

Which diverts so many of the ills that gain root through that access as we grow older, and more able, to try and repair that void.

As a society we just cast acceptance upon it, in the name of diversity and go merrily along into our ignorant, selfish, existence......  

You are not truly a product of your raising... your mind is an elastic thing...it bends one way or the other as your surroundings change and you meet new people and learn new things.
I was raised in an orphanage..... they literally BEAT the bible into us... we had bible readings 3X a week, went to church wed...sat and sun.
Up until I was about 14, I could still remember chapters and verses by heart and quote you every book and how many chapters each had in it.
When I was fostered out, the family I went into was an outer rural family, half farmers (raised all sorts of animals) and half city...(dad and mom both worked in town 1/2 hour away.
Your intelligence tells you what is right or wrong and you personally go by that...unless your mind accepts what is happening as right (beating up weak kids), even though you were raised it is wrong, it feels good...
so you do it anyway.
Trust me... I am the most mellow guy ...and will let most folks push me much farther than the average guy would go...
Up to a point.... then you are either baldly hurt, or dead.
Oh did I mention after the bullies in the orphanage beat me up.... I waited till they were asleep and beat the crap out of them with the little wood chairs next to the beds? Hospitalized 3 of them... had to spend a month in solitude, in a little room they kept the kids with chicken pox.
You are as an adult, a thinking machine...you know what is right....don't let society tell you different.
Treat others as you want to be treated....even if you don't agree with what they say, and let them know, you will treat them with respect, if they do for you likewise.
And when they call you stupid, dumbazz, ignorant or what ever because you don't think like they do...tell them good bye...have a good life.
I don't do drama....if someone tries to bring drama into my life...I swat it like a fly.... yup....talk to the hand...smack the hand, I break your arm...then call the cops because you attacked me....then sue you for the trouble you caused me....
Is that how I was raised ?.....nope...its what I learned throughout my 55 years of life.
I'm still learning....

Good article there, Paraquat.

re video games-
In colorado a 5yr old shot a 3 year old with the gun the older brother gave him. The older brother who was nine got hold of his mother's boyfriend's gun. He said he knew how to use it from playing -call of duty/ black ops.

What a world- they think it is make-believe.

Locally the state police shot a man after a 3 hour stand off in a parking lot. His wife called the police. The man just said for everyone to stay away from him. His wife said that if she had known the police would shoot him, she never would have called. - more play time by the swat team. They seem to shoot a lot of folk when they show up.