I haven't done the reading, but I don't buy Tom's arguments.

Maybe my Gen will be way too obvious, but to my mind it is the boomers that initiated the corporate growth and insane focus on wealth accumulation, they have/are/will retire(d)(ing) early and will happily have the evil Gen X and Y and Z and beyond pay the way for them, while at the same time we try to put the environmental toothpaste back in the tube since the boomers squeezed it all out while we were young.

But that's just my perspective...