AI Snips
Chapters
Transcript
Episode notes
Amway Founders' Political Involvement
- After the Amway trial, the founders, J. Van Andel and Dick DeVos, became increasingly involved in politics.
- They held positions like heading the Chamber of Commerce and financing the Republican National Committee.
Amway and Reagan
- Despite facing legal trouble in Canada, the Amway founders had close ties with the Reagan administration.
- Reagan even spoke at an Amway event disguised as a Chamber of Commerce event.
Reaganomics and MLMs
- Reagan's economic policies, known as Reaganomics, involved deregulation, tax cuts, and reduced government spending.
- These policies aligned with the interests of MLM companies like Amway.