Python does not have explicit pointers like C or C++. However, it works with the concept of references, which is similar to pointers in C or C++ but with some important differences. In Python, everything is an object, and variables are references to those objects.
Consider the following code:
```
a = [1, 2, 3]
b = a
```
Here, `b` is not a new copy of the list `a` but a new reference to the same object. This similar behavior to pointers means that if we modify `a`, `b` will also be changed, because they both refer to the same object.
The `id()` function in Python returns the memory address of an object, similar to the behavior of pointers. Python automatically manages and reassigns these memory addresses or references, thus avoiding many of the common pitfalls with pointers in other languages. This management happens behind the scenes, so to Python programmers, it appears seamless.
However, bear in mind that Python references are not the same as pointers, although they do share some similarities in behavior. Python’s model adds a level of safety and security to prevent many common programming errors.