The future of global capitalism and the nature of work are among the themes explored by books on the 2018 FT and McKinsey Business Book of the Year award shortlist.
The winner will be announced on November 12 and in the run-up to the prize we have talked to the six shortlisted authors for this podcast series.
In this third episode, Helen Barrett, Work and Careers editor, and Martin Sandbu, economics commentator, talk to Jeremy Heimans, co-writer of New Power: How it’s changing the 21st century — and why you need to know. They are joined by Annie Lowrey, author of Give People Money.
The team discusses how periods of economic crises often breed radical ideas — in this case, universal basic income and distribution of power in companies — and why businesses should take them seriously.
Business Book podcast
The companies and brands that create something people do not just admire but hold a stake in “are winning”, says Heimans. He argues that companies must harness consumers’ desire to participate. Meanwhile, universal basic income, Lowrey says, could be of benefit to companies feeling the impact of “a class of consumers that are incapable of accessing [their] products”.