Unfortunately, planning for the long term makes you uncompetitive on the nation state scale in the short term, which can threaten the nation state’s survival/prosperity.
I am not sure how a different system would have changed things. Look at russia, half the middle east, etc. Not exactly the common definition of capitolist. Producing energy is about the most productive thing a country can do for its people, no matter its politics of distribution. The fact is that petroleum is/was the most efficient way to do that. Science first, then you can drag out your personal politics.
except.. russia is an oligarchy.. middle east is mostly a dictatorship; i don't think you know what capitalism means, it's an economic system, not a system of governance
He's saying that capitalist or not, "Producing energy is about the most productive thing a country can do for its people, no matter its politics of distribution".
