We already have a system to deal with this:
In some cases it may be that prices will need to rise￼. I cannot dispute this. Some aspects of our consumer society will no longer be viable.￼ This is inevitable, and given the need to reduce our consumption to meet net zero carbon requirements, it may also be appropriate. But the need for dentistry will not go away. It is socially desirable, and necessary. And I suspect that many who work in the profession are already not well paid: most people in most parctices are not dentists, after all. Wages cannot, therefore, bear much of the cost change without real issues arising.
So, what do we do? Do we increase the price of dentistry? Do we increase the state subsidy? Or do we require an across-the-board rent cut from landlords and interest waivers from the providers of finance so that they take the hit of this crisis, as they inevitably will in the longer term as it becomes apparent that the capacity to pay rent and interest costs will, whatever happens, eventually be significantly reduced if vast numbers of businesses fail, as they will if rents are not cut.
That system being called “the market”.
Long and hard experience having tutored us into the realisation that all the other ways – including the use of a Fat Controller – are worse.