Intentar ORO - Gratis
Trump, Modi, Rahul & Formula 3
Business Standard
|November 09, 2024
There's a formula of three pillars on which a successful campaign must rest. Trump has just followed it, as did Modi in 2014 and 2019, but not in 2024
What does Donald Trump's victory tell us about what leaders do to sweep elections, lose them, or win but sort of underwhelmingly? Think Trump now, Rahul more often than not, and Narendra Modi in June this year.
The first lesson from the spectacular Trump win is the formula of three pillars for a successful campaign. Let's say nationalism, triumphalism and cynicism. To see how it works, look at the MAGA (Make America Great Again) concept. That America deserves to be much greater than it currently is represents nationalism. That it will be made great again - harking back to some not-too-distant glorious past when America was the tops - is triumphalism. Always declare victory before the fight begins.
And if you argue that America was already great, its economy growing rapidly - having grown to almost twice the Eurozone's gross domestic product (GDP) compared to about 50 per cent in 2008 - its stock markets booming, and its leadership in technology and innovation lighting up the world, I will show you what cynicism is. In electoral nationalism, my nation is never great enough until I am in charge. Then, it will be so much better.
As we jump continents and switch to India, we can see why Rahul Gandhi was devastated in 2014 and 2019, while Modi did so well. And then, why did Modi fall so short of his own expectations - and of those of the markets and pollsters - in 2024? That 240 was a disappointment for him. A victory on points was a letdown for one used to delivering quick knockouts. What brought him to that pass?
Esta historia es de la edición November 09, 2024 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
Govt may open bids to onboard 15K Nvidia GPUs
The Centre is likely to soon open another round of bidding to onboard about 12,000-15,000 B100 and B200 graphic processing units (GPUs) from Nvidia under the IndiaAI Mission, sources told Business Standard on Thursday.
2 mins
January 09, 2026
Business Standard
Journeys in the Chinese imperium
In The Edge of the Empire: A Family’s Reckoning with China Edward Wong, journalist with The New York Times, writes about his and his father’s journeys in and away from China and how they shaped their understanding of the country as well as of each other.
3 mins
January 09, 2026
Business Standard
India may face 500% US tariff over purchase of Russian oil
Trump backs Bill aimed at punishing countries buying Russian crude
2 mins
January 09, 2026
Business Standard
Review benefit illustration, premium table, surrender value clause before purchase
Even as overall grievances against life insurers stayed flat, complaints linked to unfair business practices (UFBP) rose, going from 23,335 in 2023-24 to 26,667 in 2024-25, an increase of 14.3 per cent, according to the Insurance Regulatory and Development Authority of India’s (Irdai) annual report for 2024-25.
2 mins
January 09, 2026
Business Standard
World's copper crunch likely to intensify on AI, defence spending
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers struggle to expand, according to a new study by S&P Global.
2 mins
January 09, 2026
Business Standard
Indices fall 1% on tariff uncertainty
Indian equity benchmarks Sensex and Nifty posted their steepest one-day drop in more than four months amid heightened uncertainty over US trade tariffs.
2 mins
January 09, 2026
Business Standard
India likely to grow at 6.6% in FY27: UN
India’s economy is projected to grow at 6.6 per cent in 2026-27 (FY27), supported by resilient consumption and strong public investment, which should largely offset the adverse impact of higher US tariffs, the United Nations (UN) said on Thursday.
1 mins
January 09, 2026
Business Standard
Premiumisation may have driven Q3 realty growth
Top listed real estate developers are expected to deliver a healthy performance in terms of presales and earnings forthe third quarter of 2025-26 (Q3FY26), supported by festival demand, resilient buyer sentiment, steady launches, premium sales, and strong collections.
2 mins
January 09, 2026
Business Standard
Govt steps up efforts to attract FDI for GCCs, semicon units
In pursuit of its $1 trillion economy goal, the Uttar Pradesh (UP) government is stepping up efforts to attract foreign direct investment (FDI) in the Global Capability Centres (GCC) and semiconductor plants.
1 min
January 09, 2026
Business Standard
Health sector seeks tax relief, rationalised rates
Health care, medtech, and pharma companies have urged the government to use the Union Budget 2026-27 to ease tax pressures, boost domestic manufacturing, and step up investments in research, innovation, and preventive care.
2 mins
January 09, 2026
Listen
Translate
Change font size
