1min snip

The Gray Area with Sean Illing cover image

The American dream is a pyramid scheme

The Gray Area with Sean Illing

ANECDOTE

MLM Self-Regulation and Political Corruption

  • MLMs largely rely on self-regulation and lack external oversight to prevent deceptive practices by sellers.
  • Amway's founders, Van Andel and DeVos, evaded legal trouble through political connections and fabricated rules during a court case.
  • This pattern of political influence and corruption protecting MLMs continues across administrations, from Ford and Reagan to Trump and Kamala Harris.
  • Harris's husband worked for Herbalife, and she did not enforce an injunction against them in California while serving as state attorney general.
  • The lack of regulation and the prevalence of political favoritism contribute to the continued success of MLMs.
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