I think that what you are asking for essentially requires democracies having governments (and to some extent people) that, besides having some level of competence, are capable of (and can afford) some form of long term thinking, in face of short term pressures from both voters and businesses. It would seem to me that this in turn requires further (and unclear) steps be taken, e.g. to properly align the incentives... Anyway, not saying it can't be done, just an observation.
I think that what you are asking for essentially requires democracies having governments (and to some extent people) that, besides having some level of competence, are capable of (and can afford) some form of long term thinking, in face of short term pressures from both voters and businesses. It would seem to me that this in turn requires further (and unclear) steps be taken, e.g. to properly align the incentives... Anyway, not saying it can't be done, just an observation.