The vast majority of the population are already unable to afford electricity for their homes, and the price of goods (for them) is so dynamic due to local suppl

The vast majority of the population are already unable to afford electricity for their homes, and the price of goods (for them) is so dynamic due to local supply and demand that there is no guarantee that they can afford basic food stuffs. Yes, entire industries will collapse. This has happened before (Indian slavery by the East India Company?), most would say we're better off for it.