This article by William White was published on 20 December in “The Market” a Swiss financial newspaper. It suggests that the global economy faces such a transition and that there will be, as a result, persistent upward pressure on prices and on interest rates. Similar to suggestions made by Keynes in “How to pay for the war?”, governments must find ways to scale back unnecessary consumption to finance investments, both public and private, that now offer (think environmental) a very high social rate of return. Politically, this will not be easy.
https://themarket.ch/english/transitioning-from-an-era-of-plenty-to-an-era-of-shortages-ld.8077