It never actually seems to work out that way though. Sure, for Y2K there was a short period where there were decent contracts fixing that bug in various codebases, but it wasn't something that lasted very long.

Managers and owners would much rather pass off a terrible PoS and have their users deal with it, or somehow get the government to bail them out, or hire a bunch of Uyghur programmers from a Chinese labour camp, or figure out some other way to avoid having to pay programmers / software engineers what they're actually worth.