Modern capitalism does have a built-in short-term view though. Companies can try planning ahead for decades of use, but if someone comes in and designs for a sh

Modern capitalism does have a built-in short-term view though. Companies can try planning ahead for decades of use, but if someone comes in and designs for a shorter term, they'll be a lower bidder and thus more likely to get the job. By the time that the short-comings are discovered, the lower bidder is long gone. The stock market also provides an incentive to just aim for short term gains at the expense of the long term. Socialism can prioritise quick fixes or long term solutions, but it depends on the wisdom of the people involved as to whether they'll build in enough capacity to allow for future climate changes.