I'm sure that a lot of you saw this post. It bought to mind a larger concept that has been in the back of my mind for a few years: The Baby Boomer generation is selling everyone out.
How is this happening? And how is it related to young people sitting around diverting themselves with the age old pastimes of games and ferralism? This article very accurately sums up and documents what I'm talking about:
Europe's Screwed Generation and America's
Personally, I was extremely rebellious in my 20's and while I made some very bad mistakes, I realized that you can't trust your elders the way you were taught to. You can learn from them, associate with them, but just never trust them because they're out for themselves. This is deeply saddening, as it is not the natural order of things and is contrary to how I was raised. My understanding is that each generation passes on expertise, resources, and discipline to the next. But this seems not to be the case with the Boomers. After fighting things, I became depressed, and then decided to adopt a ruthless approach to dealing with them. However, the Boomer generation is getting old, weak, and mentally feeble: they couldn't even hold the economy together a few years ago.
The recession was my entry point towards moving to full independance: I saw the industry as overpopulated with increasingly crooked, impotent, and irrelevant tyrants. I don't cry for Lehman, AIG, or Bear as institutions, I welcome their demise and danced on their graves. Hell, I literally walk through the graveyard at the end of Wall every morning as part of a mental excercise to reinforce this point. Had the general system not been at stake, I'd have welcome more failures, it just means less competition for me and and less dead weight to stifle innovation, creativity, and freedom. The recession was a good hard slap in the face of the whole industry, and I welcomed the opportunity to rebuild where they had failed. My own small contribution has been rewarded with sponsorship towards greater opportunity, and I look forward to a future that wouldn't have existed had not some of the dead weight finally died off and the playing field opened up a bit.
Not every area of our society is as open to radical change as finance: unions, academia, government, and many other sectors are hopelessly gridlocked. I can't change the system, and I spent the better part of my 20's fighting it to no avail, so I've moved on. But change is needed.
What's your take on this?