The crisis in Britain, as described in Malik and Howker's book 'Jilted Generation' is particularly relevant because it is also mirrored in most so-called 'first-world' nations today. I have no real argument against their description of the predicament of the post 1979ers but a lot of the analysis of this book lacks depth and historical understanding.
It may be quite normal for young adults to pin the blame for things gone wrong on the generation who came before and I can relate to that. Who would argue against the proposition that there aren't, indeed, huge numbers of baby boomers who should be accepting a great deal of responsibility for the dire situation that our offspring find themselves in now. Many boomers have wielded high levels of decision-making power in our political and social institutions.
Howker and Malik, however, fail to describe the global trends and forces that acted upon the their parents' generation. In addition, they fail to acknowledge the extent to which many baby boomers very actively engaged in a rebellious backlash against the very unsustainable materialistic lifestyle and attitudes that these same authors rage against now. There did exist, after all in the 1960s and 1970s, a notable counter-culture stratum of society, and it wasn't ever all about drugs and other politically naive distractions. One of the most fundamental aspects of the youth counter-culture, for instance, was the 'Back to the Land Movement'.  In the 1960s and 1970s young people flocked to rural areas with the aim of creating a simpler, better way of existing free from many of the constraints of what they saw as a dysfunctional and (ultimately) unsustainable mainstream society. Though 'back to the land movements' have existed long in time
"...what made the later phenomenon of the 1960s and 1970s especially significant was that the rural-relocation trend was sizable enough that it was identified in the American demographic statistics..."A strong belief existed in the 1970s that a movement onto rural land would result in lower housing costs, better living standards, improved health, and general wellbeing. One would engage directly in organic agriculture and home building and, through these actions, earth-centred lifestyles and communities would become self-sustaining. The hope existed that a new culture would emerge and spread quickly and widely enough to avoid a 'limits to growth' catastrophe in the new millennium.
Needless to say, that dream didn't pan out.
Time and opportunity constraints mean that the full explanation of political and social trends that begin to explain the failure of counter-culture (such as concentration of power, consumerisation of politics etc) cannot be explored here. However, the issues that relate to the availability/cost of land are, perhaps, where it might be the most fruitful for an inquirer to explore reasons for the degeneration in civil life and the severe depletion of common wealth (in the 'rich' industrialised nations at least).
Land, the authors of 'Jilted Generation' acknowledge, is "the major cost in the purchase of a home" . Lack of land (in terms of decentralised ownership) may be the very reason why 93% of homes built in London between 2000 and 2010 have been "poky one and two-bedroom flats."  The fact that less than one percent of Britain's population own it entire base of farmland  might explain why a 'back to the land movement' cannot exist there.
For surely land is the only form of genuine cultural escape when we find ourselves living out an empty materialism - expressed as 'consumerism' - in a deprived 'dollars-and-cents' reality.
 'Jilted Generation - How Britain has Bankrupted its Youth' by Ed Howker and Shiv Malik. Icon Books Ltd, Omnibus Business Centre. Published 2010. ISBN: 978-184831-198-5
 Back-to-the-land movement, Wikipedia
 Page 41: 'Jilted Generation - How Britain has Bankrupted its Youth' by Ed Howker and Shiv Malik. Icon Books Ltd, Omnibus Business Centre. Published 2010. ISBN: 978-184831-198-5
 Page 213: 'Jilted Generation - How Britain has Bankrupted its Youth' by Ed Howker and Shiv Malik. Icon Books Ltd, Omnibus Business Centre. Published 2010. ISBN: 978-184831-198-5
 Reclaim the Fields
Ed Hamer discovers a European youth movement taking action on the issue of access to agricultural land. http://www.thelandmagazine.org.uk/articles/reclaim-fields