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India’s Licence Raj offers America important lessons

by Euro Times
July 3, 2025
in Finance
Reading Time: 1 min read
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Jawaharlal Nehru, India’s first prime minister, and Donald Trump, America’s president, don’t share many similarities. Nehru was an erudite product of Harrow College and Trinity Faculty, Cambridge; Donald Trump, for all his costly schooling, is in the end a rough-and-tumble graduate of New York actual property. A freedom fighter earlier than changing into prime minister, Nehru spent 9 years in British-run jails having campaigned towards imperial rule; Mr Trump’s tangles with the legislation have concerned hush cash for a porn star. Nonetheless, Nehru’s Fabian socialism—a patrician mistrust of commerce blended with an mental love of scientific progress—means his views on commerce are, a few years later, mirrored by Mr Trump’s America-first instincts.



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