Agreed the role of the lockdown in all of this has been largely ignored... because that would bring into question the justifications for it in the first place. Keep in mind that there is a possibility of a further lockdown if there happens to be a second wave of the virus. If you thin people are losing their sh*t right now, you haven't seen anything yet if we go for a second round.
The danger is the rise of mob mentality. It takes on a life of its own carrying individuals along with it and crushing those that stand in it's way. Carl Jung watched this happen across the boarder with Germany. Clinically he referred to it as a mass psychosis, in philosophical or esoteric sense, he referred to it as a possession by the collective unconscious. And he did mean, possession.
“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.” - Nietzsche