Have Participation Trophies hurt or helped our societal culture?

https://www.youtube.com/watch?v=v-gwjJ_NXKU

The science suggests that we need to be praise our kids on process, not results. For example, instead of dealing with defeat by telling our kids that “everyone’s a winner at heart,” we should praise them for how hard they hustled, what they did right and how they improved.

But it’s not just the “losers” we need to worry about; it’s the “winners” too. Phrases like “You’re a winner” or “You’re a natural” can actually be toxic to how kids deal with losing. As the work of child psychologist Carol Dweck shows us (link is external), praising kids for their innate talents (in this study’s case, their intelligence) actually makes it more difficult for them to cope when they’re actually confronted with losing. Kids who are praised for their effort rather than their ability tend to strive harder, enjoy activities more, and deal with failure in a more resilient way.
https://www.psychologytoday.com/blog/the-new-you/201409/should-we-give-our-kids-participation-trophies