Who is the 'Boss'???

The children were sitting announcing to one another "I am the oldest" , "no I am the oldest!!!" We wondered why they were trying to determine who was the oldest and what the concept of being the oldest meant to them. As the discussion evolved their comments were interesting. It soon became clear the 'oldest' meant that they would be the 'BOSS'. We asked Why did they think that the oldest would be the boss to which they responded: "because they know the most stuff, the oldest knows the most stuff because they are bigger." Then as their thinking progressed one child responded " but my dad doesn't remember everything and I remember everything." So the question became so when you are younger your remember more?? As the conversation continued, another person responded " Well that's because when it gets further from that time ( meaning young) you kind of don't remember." So who is the boss?? We all have much to learn from one another....