What does the term "political capital" refer to in governance? 🔊
Political capital refers to the influence, trust, and resources held by political leaders or entities that enable them to enact policies and achieve objectives. Leaders with significant political capital can leverage their positions to negotiate effectively, mobilize support, and implement reforms. This capital can be built through popular support, successful legislation, and strategic alliances. However, political capital is not static; it can diminish due to scandals, failures, or loss of public trust. Understanding political capital is essential for comprehending how leaders navigate governance and pursue their agendas.
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