The fixing of Broken Britain can only be done piece by piece and that means street by street. As far as I am concerned, investment in socio-environmental projects at the local level is going to be a main thrust of the economic/social recovery. SME's (Small and medium sized business) will play a pivotal role in rebuilding the neglected parts of Britain which fell through the cracks during macro-economic reforms of the 80's, 90's and 00's. A renaissance of local society is intrinsic to solving social and economic problems and that means the further development of the socio-environmental sector .
I personally don't think we have reached the bottom yet of this 'correction'. This has already been the longest recession since the 2nd World War. I think it is more than a simple V shaped recession. I think this is the end of the road for the widening of the social inequalities that have arisen over the last 30 years. I think the way out of this recession is by closing that gap- by closing Britain's cracks and concentrating on development and improving our social and environmental conditions. In other words creating modern, free and open sustainable societies.
I hope so anyway.
Experiments have already begun. The Hackbridge Project is such an experiment and things are slowly but steadily getting off to a start.