Loading...
Loading...
The design requirement for constitutional capital that operational flexibility must be high while constitutional flexibility must be low. The cost of reopening authority (amending constitutional rules) must exceed the cost of operating within constraints. If constitutional change is too easy, authority is never truly exhausted; if impossible, systems ossify and invite override.
A regenerative capital system allows wide latitude in how funds are deployed operationally (high flexibility) but requires supermajority + waiting period + public justification to modify the renewal architecture itself (low flexibility). The asymmetry preserves adaptability while protecting constitutional integrity.
CC Section 6