One could argue that we are currently stuck on a local maxima, and that the broader political system is designed such that any significant improvement will first require massively disruptive changes that will indeed lead to deaths. In this sort of situation, the end result of a change will save many more lives over the long term, but it will require short term sacrifices. Not just sacrifices of money; unfortunately, some people won't make it through the process.

Opposition from incumbents ensures that any change will be a difficult process, and a "new normal" will not come easily. Any long-term planning efforts will be sabotaged and subverted toward capture of profits. The best we can hope for is a series of smaller disruptive shifts (each followed by a resettling) that eventually improves the situation.

Something needs to happen. Increasingly it looks like dissatisfaction with the current system will boil over and force a major shift, but other events (wars, for instance) could pop up and distract the public for a time.