The gov, being captured by the ruling class, is the cause of the crises and therefor cannot resolve it with any amount of interventionalism (of which we are seeing much) because the only real resolution will come from decentralizing governance itself and restoring the market's (mankind) ability to learn again.
Discussion
In conclusion, I believe that while inventiveness tends to skew towards consumption, and that consumption drives population growth, that it is self correcting because the pressures described in Malthusian's law of population results in innovations that eventually resolve the bottleneck on the production side.
The fact that we have record sized sovereigns attempting to centrally plan our way out of a catastrophe they themselves caused by suspending the market's ability to interpret the constraints of the physical world is only going to make the 'learning' that much more severe.
It is the population management equivalant of keynesianism, distorting the signal that would otherwise allow humanity to self correct at the appropriate scale and timeliness.
The reason, therefor, we were not able to espace the Malthusian Trap of the late industrual society is because governments created a catch 22: they will pull every lever they can to 'manage' the catastrophe they created except the one lever that would accelerate resolution of the catastrophe itself: the decentralization of power and governance and the restoration of learning into the market.
This is our Tower of Babel.
I agree that governments created abnormal excess. For example, the "feed the world" movement created abnormal population growth in regions with relative scarcity. Dont grow the population in the desert.
Socialism is another example.