Comment by fch42

Except funding is not everything that's needed for long term projects. There are other resources - workforce, supply chain integrity, legal entitlements and approvals, etc, that are all contributing to "plannable delivery" of long-term projects. And quite a few of these are very much subject to the vagaries of democracy.

Unless, of course, you assume (the ideal to be) an entirely anarchist business environment where whoever-with-resources can do whatever. Democracy, though, is not that.