It’s folks wanting a bit more personal wealth that has got us into this mess.
And it’s usually those who have already got it.
The gap between rich and poor is widening as we speak.
There is going to be trouble, if not already.
Crime can solve a lot of poor peoples problems.
Strewth, we are going to agree again.
Back in the 70’s there were many problems but there were also some stuff that was working. As you note, the gap between the very rich and everyone else was much smaller. Even the difference between the big boss’ pay and their average worker pay was not as great as it is now. And that was when the tax demand from the big boss’ pay was much higher.
On top of that, social mobility was at its highest - higher than before and higher than since. Now, unless you are born into money then it is very unlikely that you will go on to achieve money. The money earning professions are now pretty much closed shops - only accessible to friends and relatives of those already in those professions. And if you are seriously wealthy then you get to keep your serious wealth with only notional taxation. Serious money earns 6-7% (or more) from investments such as shares, property, etc. Ordinary earners can barely get through the month so investments are out of the question.
Which leads to affordability. Many could afford to buy a house in their twenties. Even in what are now crazily expensive places.
There have been a lot of doubtful policies and decisions in the decades since the 70’s that have not benefited the majority of people.
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I was going to click ‘like’ on that post but I’m not now.
Why Morty? What was wrong with the seventies?
I came out of my apprenticeship and got a good well paid job as a skilled man.
I also got married, bought a new house (bungalow) and sired a beautiful baby daughter and in 1980 went to Spain on my first foreign holiday…
Arguably my most successful decade.
Its just so easy to get the wrong end of a stick 
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Anyway, let the man rest, he has had to tangle with his roots.