Whilst true, your statement is a little misleading. You know that there was the anti establishment, the hippie movement and then also blacks (Luther King) effecting the civil rights acts. It wasn't as if the whole generation embraced one another and said "oh yeah, we're terrible racists, sorry about that, we'll change" and suddenly all got along. I'll safely say many of those people carried on, just being out right racist as always.
Indeed!
So equally you statement that his generation was racist is missleading.