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Anarchy or autocracy: What is Trump's presidency aiming for?

Mint Kolkata

|

February 17, 2025

Are the Trump administration's actions meant to sow anarchy or is autocratic rule delivered by state capture the real goal?

- SANJOY CHAKRAVORTY

In less than a month, the Trump administration in the US has taken actions that could fill this column for a year. Presidential orders with massive implications have come at dizzying speed. The Democrats and the rest of the world seem shell-shocked. Is this the anarchy and arbitrariness of a Caligula or Nero, or are these the opening salvoes of an authoritarian attempt at state capture?

Let's begin with things we can be sure about. I believe that at least three trends have been revealed so far: First, a deep antipathy for expert knowledge. Second, blatant racism. Third, a drive for territorial expansion. These features affect not just America, but the world.

Consider the disdain for expertise. There is close to complete consensus on some key tenets in the contemporary world. One is that trade is good for society. Yes, there are losers from trade (as there are from technological change), but the net social gains are indisputable. Another is that climate change is real. The specifics of its future impacts are unknown, but there is little doubt among experts that they will be consequential. Similarly, modern healthcare is built on the foundations of innovations that arise from funding and scientific research. Lay persons may have views on trade, climate change and medicine, but they are usually based more on ideology than knowledge.

FLERE HISTORIER FRA Mint Kolkata

Mint Kolkata

Mint Kolkata

For a weakened Zelensky, yielding to Trump is riskier than defiance

Buffeted by a corruption scandal that has sparked fury across Ukraine, President Volodymyr Zelensky is in political trouble at home, weaker than at any point since the full-scale Russian invasion of his country began nearly four years ago.

time to read

5 mins

November 25, 2025

Mint Kolkata

Mint Kolkata

Tesla vs Tesla: HC grants protection to Musk’s company

The Delhi High Court on Monday granted interim protection to Elon Musk-led Tesla Inc. in its trademark infringement case with Gurugram-based Tesla Power India Pvt. Ltd.

time to read

1 mins

November 25, 2025

Mint Kolkata

Mint Kolkata

AI bond flood adds to market pressure

their hype; even a ratings downgrade can hurt returns, let alone a default.

time to read

3 mins

November 25, 2025

Mint Kolkata

What went into quadrupling Jio Payments Bank's footprint

Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.

time to read

2 mins

November 25, 2025

Mint Kolkata

Govt plans reform push in winter session

The government is preparing to push a packed reform agenda through parliament's short winter session that will start 1 December, with 15 sittings scheduled to clear major legislations tied to crucial issues, including ease of doing business, regulatory consolidation, foreign investment, and sectoral reforms.

time to read

1 mins

November 25, 2025

Mint Kolkata

Page Industries scouts for missing piece of comeback puzzle

Page Industries Ltd has been struggling with muted growth.Its thrust on operational efficiencies, calibrated distribution expansion and new product launches is yet to reignite the dwindling investor faith.

time to read

1 mins

November 25, 2025

Mint Kolkata

SIM misuse risk falls on users

Mobile subscribers may be held liable if a SIM card procured in their name is found to have been misused for cyber fraud or other illegal activities, an official statement said on Monday.

time to read

1 min

November 25, 2025

Mint Kolkata

How online bond platforms are powering retail investor interest

Lowering the minimum bond investment from %1 lakh to 710,000 has opened the market to first-time investors

time to read

4 mins

November 25, 2025

Mint Kolkata

Mint Kolkata

SC clears Sandesarass after ₹5,100-crore settlement deal

Court drops all criminal proceedings against Sterling Biotech promoters in a bank fraud case

time to read

3 mins

November 25, 2025

Mint Kolkata

Vibe coding: Make way for intuition-driven software

New jargon emerges regularly in the world of software development. Most terms vanish quickly, but ever so often, a term bubbles up from the cultural stew and goes mainstream—not because it introduces a breakthrough technology, but because it captures a shift in how people think about software development. ‘Vibe coding’ is one such phrase. It’s a term that reveals more about the future of programming than its whimsical name suggests.

time to read

3 mins

November 25, 2025

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