Political capital refers to the accumulation of goodwill, trust, and influence that a political leader or organization possesses, which can be used to achieve their goals, pass legislation, or implement policies. It's a metaphorical "currency" that can be earned, spent, and invested to advance their agenda.

Political capital can be built through:

1. Popularity and public approval
2. Successful policy initiatives
3. Strong leadership and decision-making
4. Building coalitions and alliances
5. Effective communication and messaging
6. Crisis management and response
7. Delivering on campaign promises
8. Demonstrating empathy and understanding

Political capital can be spent by:

1. Advocating for controversial policies
2. Making tough decisions
3. Taking risks and facing challenges
4. Confronting opposition and criticism
5. Implementing unpopular but necessary reforms
6. Supporting other politicians or causes
7. Addressing national or international crises

When political capital is high, leaders can:

1. Pass significant legislation
2. Build broad coalitions
3. Influence public opinion
4. Overcome opposition
5. Achieve their policy objectives

Conversely, when political capital is low, leaders may struggle to:

1. Advance their agenda
2. Build support
3. Overcome obstacles
4. Maintain public trust

Political capital is a vital asset for effective governance, but it can be fragile and fleeting, requiring careful management and replenishment.