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You're chopping at the very root of modern society there. How many people will do any of those things of their own free will? Probably there's a greater proportion of us on the Lounge than there are in society at large -- but how many people other than us would voluntarily scale back their consumption to, say, 1930s/1940s levels? And what would happen to society if suddenly they were forced to do so?
I think we're talking a scenario more along the lines of having to scale back, rather than voluntarily scaling back.
A portion of my family spent most of the 1930s homeless, and not due to their unwillingness to sacrifice. I'm not going to be homeless voluntarily.