More than a century, in some cases.
Capitalism needs additional constraints or it will end all civilization. Simply, the cost of creating greenhouse gasses has never been priced in to the market since Exxon and the likes have lobbied hard for decades to not let the truth gain any traction. They should all be in jail and there should be no profits in destroying ecosystems. Otherwise there seems no hope.
If anything, capitalism has an advantage in that it's at least theoretically possible to mitigate the effect of greed on politics. Throwing all your eggs into the government basket gives you no such recourse.
Ownership of capital has basically nothing to do with it. If the means of production are owned by "the workers", all that ends up happening is each group of workers sends a representative to manage their share of the means of production. Unless you have a true Athenian direct democracy, it reduces to exactly the same system, just less diversified.