I never noticed competing with other generations. There's competition within your own generation, but that competition is good. Maybe you're annoyed that somebody's getting more money than you are, but what's really annoying is if someone's painting a better painting than you're making. So it's something to think about and work toward and stay focused on.
Let's look at two things real quickly: the civil rights movement in Mississippi in the Sixties and the Arab Spring starting in Tunisia and Cairo. What they had in common was people who were told, and who believed inside themselves, that they were a certain way, and the society at large believed it.