5.2.4 Vixilancia

Que procedemento se segue para a asignación de fondos? Nos Estados Unidos, a Reserva Federal recibiu autoridade monetaria e o Congreso recibiu autoridade fiscal. Noutras palabras, ambas as partes posúen a capacidade de producir e destruír moeda, cada unha dun xeito diferente. O Congreso ten o poder de xerar e eliminar diñeiro a través dos impostos e gastos federais. A Reserva Federal ten a autoridade de comprar títulos para reducir a débeda, emitir bonos do tesouro e determinar os tipos de interese destes bonos e outras reservas.

This division shows which budgetary programs under the control of Congress are mandatory and which are optional. It is required to pay for Social Security, Medicare, and college loans   On the other hand, defense and bailout plans are optional. One benefit of required spending is that, unlike expenditures, which is frequently delayed by protracted debates, it typically doesn’t require authorization and can therefore be more responsive to changing demands.

Given that the seat of government is typically held by a wealthy elite, neither of these systems can be properly labeled as “democratic” and are instead better categorized as plutocracies. There are numerous strategies for managing financial resources. Participatory budgeting is one of them. This strategy encourages the growth of people by having an informed populace participate in a supported budgetary process together.