Most major crises deliver changes that forever transform society. After the Second World War it was the build out of the social safety net, a process that continued for another 30 years in most of the developed economies.

With the arrival of monetarism, fiscal conservatism and governments focused more on serving the demands of the corporate world than those of their most vulnerable citizens, the process mostly stalled. Deep wealth inequalities grew, health systems began to sag under the strains of heavier demand and underfunding.