The Prague Post - Boomers: Selfish or Scapegoats?

EUR -
AED 4.268807
AFN 76.128995
ALL 96.365789
AMD 443.574615
ANG 2.080444
AOA 1065.758721
ARS 1673.674315
AUD 1.751247
AWG 2.093455
AZN 1.972883
BAM 1.953571
BBD 2.342397
BDT 142.125365
BGN 1.953867
BHD 0.438096
BIF 3447.155519
BMD 1.162224
BND 1.50804
BOB 8.053809
BRL 6.329004
BSD 1.163058
BTN 104.580656
BWP 15.500911
BYN 3.362276
BYR 22779.584681
BZD 2.339131
CAD 1.610773
CDF 2591.758996
CHF 0.937275
CLF 0.027439
CLP 1076.428062
CNY 8.209485
CNH 8.207827
COP 4490.832409
CRC 568.651074
CUC 1.162224
CUP 30.798928
CVE 110.701528
CZK 24.266773
DJF 206.550565
DKK 7.468563
DOP 74.672518
DZD 151.21888
EGP 55.26234
ERN 17.433356
ETB 180.115634
FJD 2.65686
FKP 0.872594
GBP 0.87405
GEL 3.132216
GGP 0.872594
GHS 13.307695
GIP 0.872594
GMD 85.426305
GNF 10097.973317
GTQ 8.90868
GYD 243.282374
HKD 9.044628
HNL 30.532036
HRK 7.533302
HTG 152.312255
HUF 383.891793
IDR 19381.242558
ILS 3.747114
IMP 0.872594
INR 104.480831
IQD 1522.513058
IRR 48958.674107
ISK 148.799483
JEP 0.872594
JMD 186.095232
JOD 0.824019
JPY 182.33256
KES 150.217799
KGS 101.63645
KHR 4655.867651
KMF 492.782924
KPW 1045.997356
KRW 1708.805587
KWD 0.357
KYD 0.969169
KZT 599.785544
LAK 25202.821168
LBP 104077.132901
LKR 358.964185
LRD 205.568257
LSL 19.79245
LTL 3.431744
LVL 0.703018
LYD 6.322329
MAD 10.765097
MDL 19.747955
MGA 5218.384373
MKD 61.544932
MMK 2440.722983
MNT 4122.735213
MOP 9.321682
MRU 46.256927
MUR 53.602018
MVR 17.910378
MWK 2018.202256
MXN 21.148561
MYR 4.782539
MZN 74.265849
NAD 19.793027
NGN 1686.689157
NIO 42.734634
NOK 11.81537
NPR 167.324735
NZD 2.011652
OMR 0.446874
PAB 1.163073
PEN 3.90859
PGK 4.937013
PHP 68.946578
PKR 326.11503
PLN 4.230285
PYG 8132.509524
QAR 4.231668
RON 5.089956
RSD 117.44257
RUB 89.720551
RWF 1687.548824
SAR 4.361312
SBD 9.557922
SCR 16.780765
SDG 699.067862
SEK 10.88745
SGD 1.507979
SHP 0.871969
SLE 27.783516
SLL 24371.247887
SOS 664.205188
SRD 44.885661
STD 24055.68424
STN 24.871587
SVC 10.176212
SYP 12850.659963
SZL 20.001629
THB 37.027262
TJS 10.71737
TMT 4.067783
TND 3.405898
TOP 2.798356
TRY 49.492944
TTD 7.877011
TWD 36.198045
TZS 2847.448133
UAH 49.096939
UGX 4120.244934
USD 1.162224
UYU 45.447355
UZS 13953.658028
VES 299.396029
VND 30650.744745
VUV 141.377858
WST 3.237383
XAF 655.209297
XAG 0.019275
XAU 0.000277
XCD 3.140968
XCG 2.096108
XDR 0.814073
XOF 653.169487
XPF 119.331742
YER 277.248134
ZAR 19.821491
ZMK 10461.401466
ZMW 26.895308
ZWL 374.23556
  • RBGPF

    0.7600

    79.11

    +0.96%

  • CMSC

    0.0300

    23.25

    +0.13%

  • SCS

    0.0300

    16.15

    +0.19%

  • NGG

    -0.3100

    75.02

    -0.41%

  • RIO

    1.5400

    74.56

    +2.07%

  • CMSD

    0.0100

    23.18

    +0.04%

  • GSK

    -0.8850

    47.585

    -1.86%

  • AZN

    -1.2550

    90.025

    -1.39%

  • RYCEF

    -0.0500

    14.75

    -0.34%

  • JRI

    0.0170

    13.737

    +0.12%

  • RELX

    0.0440

    39.524

    +0.11%

  • BTI

    -0.2000

    57.21

    -0.35%

  • BCE

    -0.1450

    23.195

    -0.63%

  • BCC

    0.1000

    71.91

    +0.14%

  • VOD

    -0.0250

    12.475

    -0.2%

  • BP

    -0.1850

    35.595

    -0.52%


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.