I think it's hard to gauge from a location perspective and economic development cycles. The spoiled brat and lazy generation is a cyclical affair depending on the values of the generation instilled, and the generation that instilled values on the parents. I think it is said that it takes two generations and every third generation is wasteful.

I've never even heard of generation alpha. These terms seem unhelpful to me. It seems to ignore much of the familial and societial conditioning. But I do think you have a point in terms of rethinking the comparitive difficulties that todays younger generations face and have faced.