Kapitza pendulum (inverted pendulum) is a pendulum where its pivot is forced to vibrate up and down and this allows the pendulum to stay upright against gravity which is not possible with a regular pendulum. It was discovered in 1908 but only explained in 1951 (2) and later by Landau (3) through the effective potential model. It is also known that Kapitza pendulum can be realized magnetically by the work of Lisovskii et al., 2007 (4) by subjecting a compass needle to the field of a Helmholtz coil driven by an AC signal.
The same behaviour can be obtained with a magnetic body having an oscillatory magnetic moment with an asymmetry, for example an electromagnet driven by AC signal and also having a small DC bias (1). Exposing such a body to a static magnetic field causes to vibrate it and as a result, this body can find stable equilibrium against the magnetic field (anti-parallel) with respect to it's time-averaged magnetic moment and also can be aligned with it in parallel as an ordinary magnet can do. This means an oscillatory magnetic dipole moment associated with a moment of inertia can find two stable orientations with respect to the static magnetic field it is subjected to.
This is similar to the result of the Stern-Gerlach experiment made in 1922 (5) which confirmed the hypothesis of directional quantization (6) (Richtungsquantelung) and showed silver atoms sent with random orientation exit the apparatus with polarizations either in parallel or antiparallel orientations with respect to a magnetic field it traverses. This result caused serious difficulties within classical physics and shaped the emerging quantum mechanics. Now, a hundred years later, the Kapitza pendulum gives the opportunity to reinterpret the Stern-Gerlach experiment with the idea of inbuilt fast oscillations of magnetic moments.
[1] Ucar, H. Directional quantization of an oscillatory magnetic dipole moment associated with a moment of inertia, 2023. https://doi.org/10.31219/osf.io/pkusx
[2] P. L. Kapitza. Pendulum with a vibrating suspension. Usp. Fiz. Nauk, 44:7–15, 1951.
[3] L.D. Landau and E.M. Lifshitz, Mechanics (Pergamon, Oxford, 1960), pp. 93-95. https://doi.org/10.1002/zamm.19610410910
[5] Gerlach, W., Stern, O. Das magnetische Moment des Silberatoms. Z. Physik 9, 353–355 (1922). https://doi.org/10.1007/BF01326984
[6] Schmidt-Böcking, H., Schmidt, L., Lüdde, H.J. et al. The Stern-Gerlach experiment revisited. EPJ H 41,327–364 (2016). https://doi.org/10.1140/epjh/e2016-70053-2