Remember "yuppies" - the boomer ideology that dialed up consumerism and financialization of all aspects of life. Reaganomics? The 1989, 2000, and 2008 crashes? The Great Outsourcing? Also in the eve of 21st century, boomers were merely from 40 to 54, so well represented in all positions of power and business. Clinton and Bush J were boomers. And Boomers got more entrenched as time went by and as they reached their 50s and 60+ for the later ones.

Same in Europe too, were e.g. people like the French 68'rs (the youth of the late 60s student revolts, roughly similar to the same era youth in the US later turned yuppies), have been running things since the early 80s in the most selfish, destructive, and narcissistic ways.