---
entity_slug: perpetual_funding
entity_type: Institution
vsm_system: S5
type_rationale: Perpetual funding represents a socially constructed governance structure
  that establishes the rules and norms by which governments can convert debt into
  indefinite obligations, creating a systematic framework for public borrowing.
vsm_rationale: This belongs to S5 because perpetual funding constitutes a fundamental
  policy choice about the identity and purpose of government financial management,
  representing ultimate authority decisions about how the state structures its long-term
  debt obligations.
classified_at: '2026-02-23T11:20:52.793626'
---

# Classification: Perpetual Funding

## Entity Type

Institution

## VSM System

S5

## Type Rationale

Perpetual funding represents a socially constructed governance structure that establishes the rules and norms by which governments can convert debt into indefinite obligations, creating a systematic framework for public borrowing.

## VSM Rationale

This belongs to S5 because perpetual funding constitutes a fundamental policy choice about the identity and purpose of government financial management, representing ultimate authority decisions about how the state structures its long-term debt obligations.
