The power of the constructed narrative of the 70's is fascinating. There is absolutely no doubt that those, like my dad, who lived it often remember it wrongly and it's wholly due to this constructed narrative. The creation of a 'crisis', using the cyclical slowdown of the economic model of the previous 25 years, sparking popular fears of a return to the poverty of the years before and after the second world war was and is for that generation still imagined as real. I do wonder what it means for those aged under 40 though. They've never lived through a period where unions were held to enjoy too much power for example.