
The American dream is a pyramid scheme
The Gray Area with Sean Illing
00:00
Regulating the MLM Maze
This chapter explores the challenges of regulating multi-level marketing companies and the obstacles faced by consumer protection agencies. It highlights a significant legal case against Amway, unraveling the political connections that influenced its defense and the ethical concerns surrounding self-regulation in MLMs. The discussion critiques the intertwining of wealth, power, and corruption in economic systems, reflecting on the systemic exploitation and disillusionment following the 2008 housing crisis.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.