Capitalism is shortsighted, but necessarily for the big bang of any system, but then it needs to mellow out before it eats it's own. Competition is good up to a certain point you know.
In situations like private game reserves, capitalism works well as owners are concerned with preservation & avoid the tragedy of the commons. https://bch.gg/80
capitalism as an economic system is only shortsighted if the people in it are shortsighted. Used to be slower. ppl stayed at companies whole life. companies funded basic research.