However, a structural analysis reveals a more deliberate controlled demolition of the 20th-century social contract.

We are witnessing a transition from a productive capitalist model, which required a healthy mass labour force, to what Yanis Varoufakis calls a techno-feudalist order.

The engine of this transition was a desperate financial stabilisation strategy carried out by means of a public health event. As identified by Professor Fabio Vighi, the global financial system reached a point of terminal instability in late 2019, evidenced by the collapse of the US repo market (where banks lend to each other).