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Political capital

A nation's political capital is sometimes differentiated from its "business" or "cultural" capital city, especially if they are being compared, e.g., Washington DC is the political capital of the United States but New York City is its business capital, and Hollywood its cultural capital.


Political capital is an alternate term for a means of persuasion within some political economy which determines the scarcity of that means - it refers to one's leverage within a lobbying process. An equivalent term, influence-peddling, tends only to be used in the pejorative sense. Since such behavior usually occurs within a nation's capital, the two meanings of political capital can be said to be related.

 

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