Bridget Read

Bridget Read, a writer at New York Magazine and author of "Little Bosses Everywhere: How the Pyramid Scheme Shaped America," delves into the pervasive culture of multi-level marketing. She reveals how these schemes exploit hopes of financial freedom, particularly among vulnerable groups. The conversation highlights the psychological manipulations and cult-like dynamics of MLMs, contrasts them with collective bargaining, and emphasizes the importance of solidarity among individuals facing economic disparities. It's a sharp critique of the American dream gone awry.

Bridget Read, a features writer for New York Magazine and author of "Little Bosses Everywhere," delves into the murky waters of multi-level marketing (MLM) and pyramid schemes. She discusses how companies like Amway and Herbalife exploit the dream of entrepreneurship, often leading to financial losses for participants. The conversation reveals the deep ties of MLMs to American politics, and how these schemes perpetuate a cycle of hope and extraction within vulnerable communities. Read also critiques the cult-like mentality that thrives in the pursuit of the American dream.

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.

Bridget Read, a features writer and author of 'Little Bosses Everywhere,' delves into the intriguing world of multi-level marketing (MLM). She traces the origins of MLMs, revealing how they evolved from door-to-door sales. The discussion highlights the staggering statistic that 99% of participants lose money and critiques the exploitative nature of such schemes, especially during economic upheavals. Bridget also touches on the surprising links between MLMs and societal issues like income inequality, and the psychological manipulation often involved.

Bridget Read, a journalist for New York Magazine and author of "Little Bosses Everywhere," explores the intriguing world of multi-level marketing (MLM) schemes. She uncovers how these companies, from Amway to Herbalife, have influenced American politics and social movements, often targeting women's empowerment while masking exploitation. The conversation dives into the deceptive nature of MLMs, their historical roots, and eerie parallels with Silicon Valley investment practices, revealing a complex interplay of ambition, gender dynamics, and economic inequality.