There's a legacy.
There's a famous scene in the 1949 Orson Welles movie The Third Man in which his character Harry Lime talks about the gifts of adversity ...
"In Italy, for 30 years under the Borgias, they had warfare, terror, murder and bloodshed, but they produced Michelangelo, Leonardo da Vinci and the Renaissance.
"In Switzerland ... they had 500 years of democracy and peace and what did that produce? The cuckoo clock," smirks Welles.
When I saw this movie again recently it made me wonder what Australia had produced in the past 30 years that was of global significance, aside from Julian Assange and Ugg boots?
History will judge us - and let's hope it's not just for the Bee Gees and the "Oi, Oi, Oi" chant.
Just as we look back and are steeled by memories of the ANZACs, embarrassed by the White Australia Policy and giggle at the dagginess of Puberty Blues - so, too, will this era be scrutinised and periodised, as we have the "Roaring 20s", "The Great Depression" and "Cold War".
Will we even earn a name?
We've had the "Atomic Age", "Space Age" and "Information Age", with some speculating we're now in the "Social Age" - which depresses the hell out of me to think that, from tens of thousands of years of human development, our generation's most memorable contribution is friggin' Facebook.
Standing as we are in the river of time, it's almost impossible to perceive the thing "we shall be remembered for" - just as no one went around in 1500BC Egypt calling it the "The Middle Kingdom" or woke up in AD537 Europe and said "You know, this really is quite a Dark Age."
One statement, perhaps, we can make with some certainty is that, as pressure creates diamonds, hardship and suffering also produce unpredictable cultural rewards.
The last Ice Age gave us the incredible drawings of the Chauvet caves in southern France, music and our first figurative sculptures; the Peloponnesian war ... Socrates; British colonialism ... Gandhi; apartheid ... Nelson Mandela.
Another product of the Borgias, Niccolo Machiavelli, believed it was only in moments of great crisis that human nature truly revealed itself, saying that virtue grows from, and is dependent on, the context of violence and disorder.
It's an interesting point - and surely one our nation embraces with phrases such as "Australia was born on the shores of Gallipoli".
It does, however, make you wonder what sort of character is now produced by a culture that has as its greatest concerns interest rates, its place of the footie or gold medal table and whether the sauce on its quail lacks acidity.
I'm tempted to write off such egocentricities as simply more of the same from the "Me Generation" - but that's a title already held by baby boomers and the "self-realisation" of the '70s - and they at least had to go through the turmoil of the '60s to get there.
"Me" was our current generation's starting point and it fittingly gave us the "i" era of iPods, iPhones, iPads, reality television and the anal-gazing of Twitter. If you doubt me, eavesdrop anywhere and the most-used word in conversation will be that singular, personal pronoun.
To that end, our pronunciation in this country has, as ever, been a little unique.
While we chant "Oi, Oi, Oi" to the world, perhaps it should instead be "I, I, I"?
AMP ABSEIL FOR YOUTH IS ON AGAIN!
Are you courageous enough to face your fears? Thanks to AMP's support, the Sir David Martin Foundation is offering you the opportunity to scale down 26 floors of the AMP Building in Circular Quay, Sydney, to raise money to help youth in need. Now in its third year, this year's award winning event will be run over two days on 19 and 20 October 2012. There are only 60 spots available and already three-quarters of these have been snapped up – so register quickly to avoid missing out.
If you'd like to take the leap and officially become a participant in AMP Abseil for Youth, log on to register here. A $200 deposit is payable to secure your booking, and all participants are required to achieve a minimum sponsorship amount of $1,500 prior to the October event. All of the funds raised will assist the Sir David Martin Foundation to turn young lives around. The Sir David Martin Foundation supports young people who are struggling with addictions, homelessness, mental health issues, abuse, depression and self-harm.