Pretty much this. When the CPC took over they reeducated Puyi, the last Emperor of China. They informed him of the things that had been done under his reign, some of which he wasn't even aware of, most of which he was completely detached from. In the end I believe he was a gardener and custodian, which ended up being oddly liberating for him.

It's not talked about much, partially because of the number of people who suffer significantly more on the other end of it, but it can be argued that privilege is inherently abusive. It gives people a highly distorted view of the world, such that when it inevitably crumbles people under its influence can find themselves unable to function properly. Puyi had servants all his life and even literally wiping his ass, so when he was brought to reality he had difficulty adjusting and performing even basic functions.