In a pluralist society, individuals and groups each have their own preferences, interests, and goals. Together they compete, cooperate, intersect, and diverge in public and private spaces, shaping the world and how we live together. Like it or not, industry plays a central role in that process – and can’t help but be drawn into the politics of the day in public and not-so-public ways.

Beyond advocating for the interests of industry in public policy, businesses may also engage in political activity in public, shaping perceptions, setting the agenda, and taking sides in controversies in good faith and in bad. A new book looks to make sense of how businesses engage in political spaces, when and how they should, and when they shouldn’t – and with it we ask: What is the new political capitalism?

On this episode of Open to Debate, David Moscrop talks with Joe Zammit-Lucia, founder of Radix, a public policy think tank, and author of The New Political Capitalism: How Businesses and Societies Can Thrive in a Deeply Politicized World.