Boomer here. A lot of the “richest, best-off generation” got shafted too. It ain’t about generations. It’s about the power of the rich to take what they please. It’s why I’m supporting Sanders this year, and so are many of the boomers I know. It’s why, like people from generations before and after mine, I also support Basic Income.
If it helps, I hear your disappointment. I was a very young hippie. We thought we would be able to make the world into what it should be, but all we could do was to make it a tiny bit better than it was.