Lost Debate

When Entrepreneurship Becomes Exploitation

8 snips
May 13, 2025
Bridget Read, a journalist at New York Magazine focused on housing inequality, joins the discussion to unpack the alarming realities of multi-level marketing (MLM) schemes. She reveals how these so-called opportunities exploit vulnerable individuals, turning entrepreneurial dreams into financial traps. The conversation dives into the deceptive tactics used to recruit members and the societal impact of MLMs on personal relationships. Bridget also connects MLMs to broader themes of community and belonging, particularly in the wake of the COVID pandemic.
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ADVICE

Writing Advice: Balance AI Use

  • Write daily without AI assistance to develop your own style.
  • Use AI tools intentionally and transparently, balancing independence and technology.
ANECDOTE

MLM Targets Vulnerable Groups

  • MLM schemes target women due to flexible job appeals and need for supplementary income.
  • Certain groups like military wives and conservative Christian households are particularly affected.
INSIGHT

Most MLM Participants Lose Money

  • Around 85% in MLM schemes earn no commissions, and top earners make roughly poverty wages.
  • Independent studies find 99% of participants lose money, confirming MLM's economic dysfunction.
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