> The new generations have lived their whole lives under this maligned structure, and they are sick and tired of it.

Evidence in support:

Compare the number of HN posts showing disfavor towards "billionares" and/or other markers of business success, and how this has changed over time.

See the popularity of this post from the other day as one example, on 'dopamine fracking' https://news.ycombinator.com/item?id=48440792