Business Talk

Business Talk

Welcome to Business Talk, your go-to podcast for the latest trends, insights, and thought-provoking discussions in the business world. Whether you're a business professional, entrepreneur, researcher, or academic, our episodes will challenge you to rethink conventional wisdom and inspire actionable ideas. Brought to you by Global Management Consultancy, we are committed to driving innovation and excellence in the business community. All content Copyrighted 2024 by Global Management Consultancy. For more information about our past and upcoming podcasts, please click here:https://www.deepakbbhatt.com/businesstalk

  1. 21h ago

    Moorings: How Seafaring Communities Shape Global Commerce | Dr. Nidhi Mahajan

    In this episode of Business Talk, Deepak Bhatt speaks with Dr. Nidhi Mahajan, Associate Professor of Anthropology at the University of California, Santa Cruz, about her book, Moorings: Voyages of Capital across the Indian Ocean, published by the University of California Press. The conversation explores how wooden trading vessels and the communities that sustain them remain active participants in contemporary capitalism, connecting Gujarat with the Gulf and East Africa through flexible maritime networks. Dr. Mahajan examines how seafarers navigate conflict, sanctions, shifting regulations, and commercial uncertainty, revealing the complex relationships between trade, state power, and moral responsibility. She also highlights how hospitality, caste and kinship networks, women’s often-overlooked work ashore, and religious practices sustain life and commerce across the ocean. Together, these insights challenge conventional accounts of globalization, showing how capital moves not only through major ports and formal institutions but also through everyday relationships, mobile communities, and smaller trading networks. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Nidhi Mahajan unpacks key ideas from her book, “Moorings: Voyages of Capital across the Indian Ocean”. The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    Moorings: How Seafaring Communities Shape Global Commerce | Dr. Nidhi Mahajan
  2. 3d ago

    Why Do Voters Choose Autocrats? | Prof. Susan Stokes on "The Backsliders"

    Professor Susan Stokes, the Tiffany and Margaret Blake Distinguished Service Professor of Political Science at the University of Chicago, joins us to examine the critical insights of her landmark study, The Backsliders: Why Leaders Undermine Their Own Democracies. In this interview, Professor Stokes examines the mechanics of democratic backsliding, defining it as the simultaneous erosion of vertical electoral accountability and horizontal institutional checks. She highlights that leaders across the political spectrum employ a common playbook, undermining judiciaries, pressuring independent media, politicizing bureaucracies, and stoking affective polarization to justify democratic violations. Rather than an explicit preference for autocracy, she explains that voter complicity often stems from economic grievances and the prioritization of personal well-being over institutional preservation. Reversing this trajectory requires broad opposition coalitions, strong civic defense of independent institutions, and addressing extreme income inequality through education and social investment to rebuild long-term democratic resilience. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Professor Susan Stokes unpacks key ideas from her research publication, “The Backsliders: Why Leaders Undermine Their Own Democracies.” The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    Why Do Voters Choose Autocrats? | Prof. Susan Stokes on "The Backsliders"
  3. 5d ago

    Is Work an Act of Worship? How Implicit Beliefs Shape Work Ethic

    Dr. Michael Segalla and Dr. Shiva Taghavi unpack the key insights and broader implications of their study, “Is Work an Act of Worship? The Impact of Implicit Religious Beliefs on Work Ethic in Secular vs. Religious Cultures.” In this conversation, Dr. Michael Segalla and Dr. Shiva Taghavi explore how implicit religious beliefs impact work ethic across contrasting societal environments. Their study demonstrates that while subtle religious cues enhance dedication in culturally religious societies like Morocco, they trigger cognitive dissonance and dampen motivation in secular contexts like France. Beyond the empirical findings, the scholars address the ethical boundary between cultural empathy and corporate manipulation, emphasizing inclusive workplace practices over extractive managerial tactics. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Michael Segalla and Dr. Shiva Taghavi unpacks key ideas from their research study, “Is Work an Act of Worship? The Impact of Implicit Religious Beliefs on Work Ethic in Secular vs. Religious Cultures.” The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the authors or host.

    Is Work an Act of Worship? How Implicit Beliefs Shape Work Ethic
  4. Oct 26

    Are Compliance Rules Crushing Civil Society? Inside India’s Nonprofit Revolution

    Dr. Erica Bornstein, Professor of Anthropology at the University of Oregon, joins us to discuss the pivotal arguments behind her acclaimed work, A Revolution of Rules: The Regulatory Reform of India’s Nonprofit Sector. Dr. Erica Bornstein examines how the legal and regulatory landscape reshapes India's civil society. She argues that nonprofits are fundamentally defined not merely by their causes, but by their regulatory environments, where state rules negotiate the boundaries of democratic deliberation. Through the lens of "technomoral politics," she traces how tightening compliance under the Foreign Contribution Regulation Act (FCRA) and shifts in mandatory Corporate Social Responsibility (CSR) have created severe burdens for grassroots organizations. Rather than spotlighting high-profile activists, the study centers on the lawyers, accountants, and administrators who quietly navigate and contest these shifting policies to keep civic space alive. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Erica Bornstein unpacks key ideas from her book, “A Revolution of Rules: The Regulatory Reform of India’s Non-profit Sector”. The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    Are Compliance Rules Crushing Civil Society? Inside India’s Nonprofit Revolution
  5. Oct 23

    As Gods Among Men: Why Extreme Wealth Threatens Democracy | Prof. Guido Alfani

    In this episode of Business Talk, host Deepak Bhatt speaks with Dr. Guido Alfani, Professor of Economic History at Bocconi University, about his landmark book, As Gods Among Men: A History of the Rich in the West. Drawing on a millennium of archival data, Dr. Alfani examines the historically fragile social compact that bound Western elites to their communities. For centuries, extreme wealth was tolerated only if the rich bore the financial burdens of public emergencies, such as wars, plagues, and famines. In contrast to historical precedents, modern crises like the 2008 financial crash and COVID-19 accelerated wealth concentration without proportional fiscal obligations, raising urgent concerns regarding democratic stability, populist backlash, and elite accountability. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Guido Alfani unpacks key ideas from his book, “As Gods Among Men: A History of the Rich in the West.” The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    As Gods Among Men: Why Extreme Wealth Threatens Democracy | Prof. Guido Alfani
  6. Oct 17

    Why Social Media Algorithms Reward Extremists | Prof. Francesco Sobbrio

    Professor Francesco Sobbrio, Professor of Economics at the University of Rome Tor Vergata and a Research Fellow at CESifo, turns our focus toward one of the defining dilemmas of our digital age, revealing what happens behind the screen in his co-authored research, “Ranking for Engagement: How Social Media Algorithms Fuel Misinformation and Polarization.” In his research, Prof. Francesco Sobbrio demonstrates how digital platforms systematically distort public discourse. While passive clicks reflect the broad population's consensus, active shares are driven disproportionately by ideological extremists. By weighting shares to maximize user retention, recommendation algorithms end up crowding out moderate, truthful information in favor of divisive content. Because neutral ranking rules inevitably yield polarized outcomes when applied to asymmetric human behavior, Dr. Sobbrio proposes a Pigouvian engagement tax, analogous to a carbon tax, which prices amplified virality to economically incentivize platforms to de-escalate political polarization without resorting to censorship. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Francesco Sobbrio unpacks key ideas from his research, “Ranking for engagement: How social media algorithms fuel misinformation and polarization.” The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    Why Social Media Algorithms Reward Extremists | Prof. Francesco Sobbrio
  7. Oct 17

    From Build-to-Replace to Build-to-Last: The Hidden Economics of Car Software

    Dr. Ramaswamy Ramesh, Professor of Management Science and Systems at the University at Buffalo School of Management, examines his co-authored paper, "Be Ready for the Future? An Economic Analysis of Over-the-Air Software Upgrades in the Automotive Industry." Professor Ramaswamy Ramesh’s research demonstrates that over-the-air (OTA) software upgrades fundamentally reshape durable goods economics as vehicles become software-defined platforms. By pre-installing dormant hardware and selling optional software post-sale, automakers can segment buyers by tech-savviness, sidestep pricing pathologies like adverse selection, and unlock recurring revenue. When software development costs are high, this OTA strategy strictly outperforms traditional bundling, creating a win-win that lowers base vehicle prices, boosts manufacturer profits, and marks a broader industrial shift toward building products to last. This paper is co-authored with Dr. Zhe Wang (City University of Hong Kong), Dr. Runyu Tang (Xi'an Jiaotong University), Dr. Zhiling Guo (University of North Texas), and Dr. Ram Ramesh (SUNY at Buffalo). Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Ramaswamy Ramesh unpacks key ideas from his research, "Be Ready for the Future? An Economic Analysis of Over-the-Air Software Upgrades in the Automotive Industry." The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    From Build-to-Replace to Build-to-Last: The Hidden Economics of Car Software
  8. Oct 16

    Why Humans Evolved to Live 70 Years (It Wasn’t Modern Medicine)

    Dr. Michael Gurven, Distinguished Professor of Anthropology and Associate Director of the Broom Center for Demography at UC Santa Barbara, joins the conversation to discuss his book, Seven Decades: How We Evolved to Live Longer. Together, we examine what our evolutionary past teaches an aging world about community resilience and the essential purpose of later life. Drawing on two decades of fieldwork with the indigenous Chimane in the Bolivian Amazon, he reveals that extended lifespans emerged because intergenerational sharing and grand-parental investment made post-reproductive lives evolutionarily valuable. While industrialized lifestyles lead to chronic cardiovascular and metabolic disease mismatches, Gurven argues that the solution is not a Silicon Valley pharmaceutical fix. Instead, society must cultivate functional health and institutionalized interdependence, transforming aging from an isolated phase of withdrawal into an active stage of purpose and community support. Disclaimer: 1. The background music incorporated in this video is the intellectual property of its respective developer and is protected under applicable copyright laws. Notwithstanding that it is a free-to-use version, Business Talk and Deepak Bhatt do not own, and expressly do not claim, any rights, title, or interest in or to this music. 2. In a compelling episode of Business Talk, Dr. Michael Gurven unpacks key ideas from his book, “Seven Decades: How We Evolved to Live Longer.” The uploaded video contains copyrighted content, so you may not change any graphics, music, or the on-screen appearance of the author or host.

    Why Humans Evolved to Live 70 Years (It Wasn’t Modern Medicine)

About

Welcome to Business Talk, your go-to podcast for the latest trends, insights, and thought-provoking discussions in the business world. Whether you're a business professional, entrepreneur, researcher, or academic, our episodes will challenge you to rethink conventional wisdom and inspire actionable ideas. Brought to you by Global Management Consultancy, we are committed to driving innovation and excellence in the business community. All content Copyrighted 2024 by Global Management Consultancy. For more information about our past and upcoming podcasts, please click here:https://www.deepakbbhatt.com/businesstalk