A crisis, then, should be a moment of truth, the juncture at which a fundamental choice is made. But it almost seems that back in 2008 we were unable to make that choice. When we suddenly found ourselves facing the collapse of the entire banking sector, there were no real alternatives available; all we could do was keep plodding down the same path. Perhaps, then, crisis isn’t really the right word for our current condition. It’s more like we’re in a coma. That’s ancient Greek, too. It means “deep, dreamless sleep.”

