I had a long chat with someone this morning along these lines, I think that a lot of people are concerned about the economy, the welfare state and society in general.
I'll give a little example from very close to home... A lady works part time in a supermarket, her husband doesn't work and in fact he's never had a conventional full time job. They have three children. They all live happily in a rented house, they have a car, a nice little hatch back. The adults have mobile phones and so does the oldest child. The adults have at least one lap top (I can't remember if they have one each) and they have a family pc, all of the children have tablet PC's and all have some sort of games consul. There are four wide screen TV's in the house and they have all of the usual household gadgets, fridge freezer, washer etc... That's a nice setup and a nice lifestyle but of course it's not all funded by a part time job in a supermarket. I don't think that there are many countries in the world in which this could happen.
My point is that maybe it's been a little too easy to rely on the state long term. Even a socialist (and I regard myself as one) should worry about the future sustainability of a society in which large numbers of people are either not generating any wealth at all or need very long term help to sustain a good lifestyle.
To be honest I can't see a quick fix. I think that as it's now quite common to have multiple generations in one family who've grown up relying on the state we're going to have significant problems if we decide to try and have a different society, it's going to take a long time to do anything effective even if we decide to bite the bullet and do something. Of course we may be pushed into acting if at some point in the future the cost of borrowing from the international banks rises or if the IMF sail a gunboat up the Thames and take over as they did in 1976.