I might sound like a parent or grandparent when I say the following, but the current generation of young people are not of a very high calibre. While I do not want to paint all young people with the same brush, one just has to look at the faces of these clowns that occupy these cars and I am sorry but my generation did not partake in such activities as street racing.
You're right. Happened about the time discipline become an infringement on their rights and morals/values/decency became taboo with the cries of "who are you to enforce your values on me/don't judge me" attitudes