Business often gets talked about as if it sits neatly in the “economic” box, separate from ethics, power, and social responsibility. In reality, business has always been part of everyday social life, shaped by politics, culture, and shared ideas about what is acceptable or fair—and shaping those things in return. This episode looks at business as just one of several ways change happens, tracing how it has evolved from pre-industrial moral economies, through industrial capitalism, to today’s neoliberal context. Along the way, it unpacks the real limits of what business can achieve under capitalism, while also explaining why businesses are so often asked to step in when governments are constrained by politics, budgets, or slow institutions. The conversation then explores two common models of purpose-driven business—B Corporations and social enterprises—drawing a clear distinction between businesses that aim to be good in how they operate and those that exist specifically to do good through their core purpose. Rather than presenting business as a silver bullet, the episode encourages a more honest and practical conversation about when business can genuinely contribute to social and environmental change, and where its role is inherently limited.

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The views expressed in this podcast are those of Tiyana J & guests and are not reflective of all members of the Humanitarian Changemakers Network.