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Political capital
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- This article is about capital as an analogy to financial wealth; for the seat of government, see capital city.
Political capital is primarily based on a public figure's favorable image among the populace and among other important actors in or out of the government. A politician gains political capital by virtue of his or her position, and also by pursuing popular policies, achieving success with initiatives, performing favors for other politicians, etc.
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Encyclopedia
- This article is about capital as an analogy to financial wealth; for the seat of government, see capital city.
Political capital is primarily based on a public figure's favorable image among the populace and among other important actors in or out of the government. A politician gains political capital by virtue of his or her position, and also by pursuing popular policies, achieving success with initiatives, performing favors for other politicians, etc. Political capital must be spent to be useful, and will generally expire by the end of a politician's term in office. In addition, it can be wasted, typically by failed attempts to promote unpopular policies that are not central to a politician's agenda.
American President George W. Bush claimed to have earned "political capital" after the 2004 elections.
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