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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 public figure's favorable image among the populace and among other important personalities in or out of the government. A politician gains political capital by virtue of their position, and also by pursuing popular policies, achieving success with their 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 which are not central to a politician's agenda.
American President George W. Bush claimed to have earned "political capital" after the 2004 elections.1
References
- ^ "Ambition marks Bush's second term" (2005-01-20).
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- This page was last modified on 29 January 2008, at 13:30.
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