Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Incarceration Game: Americans need to wrack their minds over it

Mint New Delhi

|

September 05, 2025

This model of how authoritarians could quell dissent has cues for Americans on defending ideals

- KAUSHIK BASU

In a 2022 paper, I introduced an allegory I called the Incarceration Game—an academic exercise that explores how authoritarian leaders consolidate power through increasingly oppressive tactics. My analysis drew inspiration from a 1948 paper on the so-called 'surprise test paradox,' which showed how rational expectations can unravel under certain conditions.

Today, US President Donald Trump, grappling with waning public support, seems determined to follow this authoritarian playbook.

The most striking example is the Trump administration's attempt to bring mortgage fraud charges against prominent critics—most notably Federal Reserve Board of Governors member Lisa Cook, Democratic US Senator Adam Schiff and New York Attorney General Letitia James.

At the center of these efforts is Federal Housing Finance Agency Director Bill Pulte, a major Trump donor who now oversees the American mortgage industry.

Naturally, much of the US debate has focused on whether these particular allegations have any merit. Yet, the more pressing issue is the Trump administration's apparently systematic search for incriminating evidence against its political opponents.

MORE STORIES FROM Mint New Delhi

Mint New Delhi

Mint New Delhi

War on spam call menace stalls on who takes blame

Blocking an unknown number or reporting a suspicious text message may feel like a small win against the spam menace.

time to read

3 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

Pricey variants after GST cuts? Govt keeps watch for mischief

The Centre is going all out to stop companies from sidestepping the cuts in goods and services tax rates.

time to read

3 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

Will GST rate cuts revive key FMCG growth metric?

GST rate cuts have made household items from soaps and shampoos to snacks cheaper. Along with festive buying and an above-normal monsoon, packaged consumer goods companies anticipate lower prices to boost volume growth, especially in rural areas. Mint explains:

time to read

2 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

How Nvidia is backstopping America's AI boom

Nvidia’s move to invest $100 billion into Open AI to help finance a historic data center build-out has helped reset market expectations about the startup’s shaky finances. It's a familiar play by the chip giant.

time to read

3 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

Forced exit at Tata Sons bares split at Tata Trusts

Vijay Singh’s ouster from Tata Sons follows some trustees feeling lack of transparency

time to read

4 mins

September 24, 2025

Mint New Delhi

DO TAX CUTS REALLY BOOST THE ECONOMY?

Tax cuts are to fiscal policy what rate cuts are to monetary policy-both are tools to stimulate economic growth. This has been a bumper year for tax cuts: in February the Union Budget raised the exemption limit for income tax, and in August GST rates were cut across a swathe of goods and services.

time to read

3 mins

September 24, 2025

Mint New Delhi

Bear mark over IT signals more pain for investors

MUMBAI Investors in Indian IT companies saw their combined wealth plunge by over ₹trillion over the last two days. The pain may not be over yet.

time to read

2 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

Motorbike firms prep for quieter, electric future

Makers of electric motorcycles worldwide are touting stealth and instant power to convert those who swear by the rumble of a V-twin or the thump of a single-cylinder internal combustion engine.

time to read

3 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

IT's middle order takes US hit; big cos hold ground

Shares of smaller IT companies reeled on Monday despite their reassurances about the H-1B visa impact, while their large-cap peers that remain tight-lipped closed with smaller losses, signalling market belief that the latter may navigate the crisis better.

time to read

3 mins

September 23, 2025

Mint New Delhi

Mint New Delhi

Startups, VCs rush to digitize India's mutual fund sellers

Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.

time to read

2 mins

September 23, 2025

Listen

Translate

Share

-
+

Change font size