The American dream is a pyramid scheme
The Gray Area with Sean Illing
00:00
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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