Behind the Bastards

Part One: Amway: The Gravedigger of Democracy

Oct 5, 2021
In this engaging discussion, Jack O'Brien, a prominent journalist known for his incisive commentary, joins Robert to explore the controversial world of Amway. They tackle the intricate operations that have defined Amway's rise and its troubling effects on democracy and business ethics. The conversation humorously intertwines historical anecdotes, while critically examining the fine line between entrepreneurial dreams and harsh financial realities faced by many distributors. O'Brien also sheds light on the parallels between Amway and historical scams, revealing the darker side of multi-level marketing.
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ANECDOTE

The First Pyramid Scheme?

  • Sarah Howe, a fortune teller, created the Ladies Deposit Company in 1870s Boston.
  • This targeted unprotected women with a promise of 8% interest, defrauding them of thousands of dollars.
INSIGHT

The Allure of Pyramid Schemes

  • Pyramid schemes exploit the public's understanding of how wealth is generated while masking their true nature.
  • They entice people with the dream of achieving financial freedom through investments, mimicking legitimate practices.
ANECDOTE

Holiday Magic and Cultic Influence

  • William Penn Patrick founded Holiday Magic, an MLM cosmetics company, in the mid-1960s.
  • He combined pyramid scheme tactics with cultic practices, including Leadership Dynamics, to manipulate distributors.
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