The Prague Post - Boomers: Selfish or Scapegoats?

EUR -
AED 4.171961
AFN 79.122198
ALL 98.0054
AMD 436.725149
ANG 2.03286
AOA 1042.173812
ARS 1345.272044
AUD 1.760099
AWG 2.046003
AZN 1.925379
BAM 1.951899
BBD 2.29674
BDT 139.002162
BGN 1.953122
BHD 0.428187
BIF 3386.116903
BMD 1.13588
BND 1.465664
BOB 7.860289
BRL 6.404315
BSD 1.137541
BTN 97.455776
BWP 15.269681
BYN 3.722643
BYR 22263.240097
BZD 2.284923
CAD 1.559369
CDF 3254.295311
CHF 0.936536
CLF 0.027827
CLP 1067.851829
CNY 8.183219
CNH 8.17066
COP 4666.534147
CRC 579.047694
CUC 1.13588
CUP 30.100809
CVE 110.044558
CZK 24.887801
DJF 202.567781
DKK 7.457733
DOP 67.166339
DZD 149.723675
EGP 56.460484
ERN 17.038194
ETB 155.317019
FJD 2.561868
FKP 0.840142
GBP 0.841079
GEL 3.112407
GGP 0.840142
GHS 11.636689
GIP 0.840142
GMD 81.783526
GNF 9859.466437
GTQ 8.736499
GYD 237.98327
HKD 8.912469
HNL 29.63802
HRK 7.530085
HTG 148.911699
HUF 403.859151
IDR 18534.43135
ILS 4.003402
IMP 0.840142
INR 97.674966
IQD 1490.11499
IRR 47848.927731
ISK 144.601162
JEP 0.840142
JMD 181.448916
JOD 0.805389
JPY 163.909131
KES 146.752775
KGS 99.332688
KHR 4561.861642
KMF 493.53615
KPW 1022.252415
KRW 1559.846607
KWD 0.348363
KYD 0.947901
KZT 582.602925
LAK 24568.783613
LBP 101920.831363
LKR 340.517872
LRD 226.935401
LSL 20.373488
LTL 3.353957
LVL 0.687082
LYD 6.192704
MAD 10.460392
MDL 19.564808
MGA 5169.734971
MKD 61.490603
MMK 2384.838862
MNT 4061.482756
MOP 9.192286
MRU 44.965519
MUR 52.057471
MVR 17.560567
MWK 1972.47477
MXN 21.854834
MYR 4.833734
MZN 72.594138
NAD 20.373488
NGN 1799.948587
NIO 41.857073
NOK 11.546909
NPR 155.931696
NZD 1.894857
OMR 0.436754
PAB 1.137526
PEN 4.118468
PGK 4.673679
PHP 63.467843
PKR 321.977581
PLN 4.2749
PYG 9088.952969
QAR 4.147691
RON 5.057056
RSD 117.20706
RUB 89.721925
RWF 1609.497097
SAR 4.260379
SBD 9.485466
SCR 16.411188
SDG 682.097674
SEK 10.931018
SGD 1.467335
SHP 0.892623
SLE 25.806714
SLL 23818.827447
SOS 650.106287
SRD 42.195082
STD 23510.414321
SVC 9.953062
SYP 14768.545432
SZL 20.364564
THB 37.211671
TJS 11.261341
TMT 3.981258
TND 3.386017
TOP 2.660339
TRY 44.461127
TTD 7.718538
TWD 34.096812
TZS 3050.636391
UAH 47.247278
UGX 4142.701307
USD 1.13588
UYU 47.424998
UZS 14599.817793
VES 107.734233
VND 29606.70169
VUV 136.963532
WST 3.123112
XAF 654.654236
XAG 0.033004
XAU 0.000339
XCD 3.069772
XDR 0.814183
XOF 654.657112
XPF 119.331742
YER 276.984376
ZAR 20.307822
ZMK 10224.286233
ZMW 30.541818
ZWL 365.752767
  • CMSC

    0.0500

    22.12

    +0.23%

  • RIO

    -0.7300

    58.85

    -1.24%

  • SCS

    0.3300

    10.52

    +3.14%

  • BCC

    2.5000

    87.6

    +2.85%

  • CMSD

    0.0939

    22.16

    +0.42%

  • BTI

    0.9500

    46.34

    +2.05%

  • BCE

    -0.3400

    21.94

    -1.55%

  • NGG

    -0.6000

    71.33

    -0.84%

  • JRI

    0.0440

    12.96

    +0.34%

  • RBGPF

    -1.5000

    67.5

    -2.22%

  • AZN

    -0.1100

    71.82

    -0.15%

  • GSK

    -1.1950

    40.46

    -2.95%

  • BP

    -0.0050

    29.56

    -0.02%

  • RYCEF

    0.1550

    12.035

    +1.29%

  • RELX

    -0.5200

    54.06

    -0.96%

  • VOD

    -0.1000

    10.3

    -0.97%


Boomers: Selfish or Scapegoats?




The debate over whether the Baby Boomer generation—those born between 1946 and 1964—deserves the label of "the most selfish generation in history" has intensified in recent years. Critics argue that Boomers have prioritised their own comfort and prosperity at the expense of future generations, while defenders point to their contributions to social progress and economic growth. This article explores both sides of the argument, drawing on economic, social, and cultural factors to assess the validity of the claim.

A Generation of Prosperity
The post-World War II era was a time of unprecedented economic growth, particularly in Western nations. Boomers grew up in a period of relative stability and prosperity, benefiting from expanding educational opportunities, affordable housing, and a booming job market. This generation was the first to enjoy the fruits of modern consumer culture, with access to new technologies, healthcare advancements, and a welfare state that provided a safety net. However, this prosperity has been criticised as a double-edged sword. While Boomers thrived, they are accused of failing to address long-term challenges such as climate change, economic inequality, and the sustainability of social security systems. The argument goes that their focus on short-term gains has left younger generations—particularly Millennials and Generation Z—facing a future of environmental degradation, housing crises, and precarious employment.

The Burden of Debt
One of the most frequently cited examples of Boomer selfishness is their approach to public debt. Over the past few decades, national debts have soared in many countries, driven by policies that prioritised tax cuts, increased spending on entitlements, and economic stimulus measures. Critics argue that Boomers, who have held political and economic power during this period, have been complicit in passing on this financial burden to future generations. The rising cost of healthcare, pensions, and social security, combined with stagnating wages for younger workers, has fuelled resentment. In some nations, national debt has increased dramatically since the turn of the century, a period during which Boomers dominated leadership positions. This fiscal irresponsibility, some argue, reflects a generational disregard for the future.

The Housing Divide
Housing is another area where Boomers are accused of hoarding wealth. In many developed countries, property prices have skyrocketed, making homeownership increasingly unattainable for younger generations. Boomers, who bought homes when prices were relatively low, have seen their property values soar, creating a wealth gap that is difficult for Millennials and Gen Z to bridge. Over the past few decades, average house prices have risen significantly while wages have remained largely stagnant. This has led to accusations that Boomers have pulled up the ladder behind them, benefiting from policies that favoured property ownership while younger generations are left renting or struggling to save for deposits.

A Legacy of Progress
However, it would be unfair to paint the entire generation with the same brush. Boomers have also been responsible for significant social progress. The civil rights movements of the 1960s and 1970s, which fought for racial equality, gender rights, and LGBTQ+ inclusion, were largely driven by Boomer activists. Their contributions to technology, healthcare, and education have also been transformative. The digital revolution, which laid the foundation for the modern internet and communication technologies, was spearheaded by Boomer innovators. Moreover, many Boomers have engaged in philanthropy and community service, challenging the notion that they are universally selfish.

Generational Perceptions
Another important factor to consider is the role of generational differences in shaping perceptions of selfishness. Younger generations, facing economic uncertainty and environmental crises, may view Boomers' actions through a lens of frustration. However, it is worth noting that every generation has faced criticism from its successors. The Silent Generation, who preceded the Boomers, were often derided for their conformity and conservatism, while Millennials have been labelled as entitled and overly reliant on technology. This cyclical nature of generational criticism suggests that the "selfish" label may be more a reflection of changing societal values than an objective truth.

Structural Influences
Furthermore, the accusation of selfishness overlooks the structural factors that have shaped Boomer behaviour. The economic policies of the late 20th century, particularly the rise of neoliberalism, encouraged individualism and short-term thinking. Boomers, like all generations, were influenced by the prevailing ideologies of their time. The shift towards deregulation, privatisation, and globalisation was not solely a Boomer creation but a broader political and economic trend. To single out Boomers as uniquely selfish ignores the complex interplay of historical forces that have shaped modern society.

Conclusion
In conclusion, while there is evidence to suggest that the Boomer generation has benefited disproportionately from economic and social conditions, labelling them as "the most selfish generation in history" is an oversimplification. Their contributions to social progress and innovation cannot be ignored, nor can the structural factors that have influenced their behaviour. The intergenerational debate is likely to continue, but it is essential to approach it with nuance, recognising that each generation operates within the constraints and opportunities of its time.



Featured


Marhabaan, welcome to the UAE and Dubai!

Marhabaan, welcome to the UAE and Dubai! The "skyward striving" Dubai next to ancient desert cities. Mysterious Bedouins and magnificent mosques exist peacefully alongside futuristic cities. Discover wadis and oases, golden sandy deserts, paradisiacal beaches and Arabian hospitality. The modern and the ancient Orient united in a book for dreaming.On this journey to Dubai and Abu Dhabi in the United Arab Emirates, the fairy tales of 1001 Arabian Nights meet the modern Arab world. These cascading cities enchant with their sky-high skyscrapers, fragrant souks, huge shopping centres and the ancient cultural heritage of the sheikhs.You can choose to stay in 4- or 5-star hotels with breakfast and swimming pools. You also have more options to book excursions so you can feel the magic of the East even more. If you want to do something out of the ordinary, you can spend an extra night in an enchanting hotel in the middle of the emirate's desert. Experience your own fairytale from 1001 nights and look forward to a holiday with plenty of casual extravagance in two superlative desert cities!

Trade and business at the Dubai Gold Souk

If Naif Deira is associated with a specific context, organization, or field, providing more details could help me offer more relevant information. Keep in mind that privacy considerations and ethical guidelines limit the amount of information available about private individuals, especially those who are not public figures. The Dubai Gold Souk is one of the most famous gold markets in the world and is located in the heart of Dubai's commercial business district in Deira. It's a traditional market where you can find a wide variety of gold, silver, and precious stone jewelry. The Gold Souk is known for its extensive selection of jewelry, including rings, bracelets, necklaces, and earrings, often crafted with intricate designs.Variety: The Gold Souk offers a vast array of jewelry designs, with a focus on gold. You can find items ranging from traditional to modern styles.Competitive Pricing: The market is known for its competitive pricing, and bargaining is a common practice. Prices are typically based on the weight of the gold and the craftsmanship involved.Gold and More: While gold is the primary focus, the souk also offers other precious metals such as silver and platinum, as well as a selection of gemstones.Cultural Experience: Visiting the Gold Souk provides not only a shopping experience but also a glimpse into the traditional trading culture of Dubai. The vibrant market is a popular destination for both tourists and locals.Security: The market is generally safe, and there are numerous shops with security measures in place. However, as with any crowded area, it's advisable to take standard precautions regarding personal belongings.Gold Souk is just one part of the larger Deira Souk complex, which also includes the Spice Souk and the Textile Souk. It's a must-visit for those interested in jewelry, and it reflects the rich cultural and trading history of Dubai.

Dubai: Amazing City Center, Night Walking Tour

During this excursion, we leisurely explore Dubai Downtown and Burj Khalifa in the evening, giving you the chance to witness the captivating transformation of the district as it comes alive with the vibrant glow of thousands of lights. As the sun sets, the illuminated facade of Burj Khalifa and the enchanting Dubai Fountain collaborate to produce a genuinely magical atmosphere.Dubai Downtown, also known as Downtown Dubai, is a distinguished and iconic district situated in the heart of Dubai, United Arab Emirates. It is a renowned neighborhood celebrated for its striking architecture, luxurious living, and exceptional entertainment options. At the core of Downtown Dubai stands the Burj Khalifa, a towering skyscraper that holds the title of the world's tallest man-made structure and serves as an emblem of modern Dubai.Burj Khalifa: The focal point of Downtown Dubai, Burj Khalifa, is famous for its groundbreaking height, reaching an impressive 828 meters (2,722 feet). Designed by architect Adrian Smith, its distinctive Y-shaped design encompasses a mix of residential, commercial, and hotel spaces.Dubai Mall: Adjacent to Burj Khalifa is the Dubai Mall, one of the largest shopping malls globally, featuring an extensive array of retail outlets, from high-end boutiques to international brands. The mall also provides various dining options, and entertainment attractions like an indoor ice rink and an aquarium, and hosts the mesmerizing Dubai Fountain.Dubai Fountain: Located just outside the Dubai Mall, the Dubai Fountain is a captivating attraction that presents a nightly spectacle of water, music, and light, captivating visitors with its perfectly synchronized performances.Emaar Boulevard: Stretching through Downtown Dubai, this boulevard is adorned with restaurants, cafes, and shops, making it a popular spot for leisurely strolls, dining, and people-watching.Luxury Living: Downtown Dubai boasts numerous upscale residential buildings and hotels, making it an appealing locale for those seeking a sophisticated urban lifestyle.Cultural Attractions: The Dubai Opera, an iconic cultural venue within the district, hosts a diverse range of performances, including opera, ballet, concerts, and theater productions.Transportation: Downtown Dubai is well-connected through public transportation, including the Dubai Metro, facilitating easy access to other parts of the city.In summary, Downtown Dubai is a dynamic and vibrant district that stands as a testament to Dubai's modernity and grandeur. It seamlessly combines architectural wonders with shopping, entertainment, and cultural offerings, creating a truly extraordinary destination.