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I think humanity will survive and even civilization as we know it, though most of the industrial part will go.It probably always was more efficient in moving resources to the rich part of the world then anything else. Spinning Jenny as a way of controlling the most value-added part of production while smashing the Indian industry, rather then more efficient means of production.
Smaller footprints will become a matter of survival so back to the farms and growing vegetables it is. And I see stopping the intellectual enclosure as vital in getting a softer landing. Human ingenuity and this wonderful mechanism of easily accesible thoughts that is Internet are among the few things in the plus column. Plus I can download Battlestar Galactica or Stargate SG-1 and dream away in a story were resources are unlimited, except for when the storyline demands otherwise. Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
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