This is one possible ideological argument. There are many successful alternatives based on culture, clan, tribe, and family units making these decisions, rather than primarily parents. There are highly individualistic ideologies and highly communal ones, and a continuum between them. It's easy to criticize any extreme example, but right vs wrong is just binary logic and isn't that interesting or relevant. The consequences are what matter, and those are complex, much of which are neither good nor bad.

Ownership of children is baked into most language. The language reflects the relationships. My child. My mom. My sister. My dog. I wouldn't call that psychological damage but I would call it programming. I also wouldn't call it either right or wrong, it merely is so, and there are consequences that follow. A good deal of that is stability.

Brave New World is but one example of disrupting these units and relationships.