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CC
A distinct design category for long-horizon capital systems in which authority over capital is exercised once, ex ante, through rule-bound temporal structures rather than continuously by individuals or committees. Constitutional capital is defined by three properties: authority exercised at design time, capital continuity governed by rules not approval, and no actor possessing unilateral renewal control.
In a Perpetual Social Capital system, renewal cadence, access conditions, and recycling logic are embedded structurally. Capital continues automatically unless structural conditions fail—no committee decides whether to renew, so no leverage can accumulate at renewal points.
CC Section 4