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Gotcha! How MLMs Ate the Economy w/ Bridget Read

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Manage episode 508470528 series 3612557
Content provided by Alix Dunn. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alix Dunn or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Multi-level marketing schemes have built an empire by enticing people with promises of self-realisation and economic freedom. The cost is simple: exploit and be exploited.

More like this: Worker Power & Big Tech Bossmen w/ David Seligman

This is part two of Gotcha! Our series on scams, how they work, and how technology is super-charging them. This week Bridget Read came to Alix with a very exciting business opportunity. Bridget authored Little Bosses Everywhere — a book on the history of MLM.

We explore how door-to-door sales in the mid 20th century US took on the business model of a ponzi scheme, and transformed the sweaty salesman into an entrepreneurial recruiter with a downline.

MLM originators were part of a coordinated plan to challenge the new deal in lieu of radical free enterprise, where the only thing holding you back is yourself, and the economy consists solely of consumers selling to each other in a market of speculation. The secret is, no one is selling a product — they’re selling a way of life.

Further reading & resources:

Subscribe to our newsletter to get more stuff than just a podcast — we run events and do other work that you will definitely be interested in!

  continue reading

77 episodes

Artwork
iconShare
 
Manage episode 508470528 series 3612557
Content provided by Alix Dunn. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alix Dunn or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Multi-level marketing schemes have built an empire by enticing people with promises of self-realisation and economic freedom. The cost is simple: exploit and be exploited.

More like this: Worker Power & Big Tech Bossmen w/ David Seligman

This is part two of Gotcha! Our series on scams, how they work, and how technology is super-charging them. This week Bridget Read came to Alix with a very exciting business opportunity. Bridget authored Little Bosses Everywhere — a book on the history of MLM.

We explore how door-to-door sales in the mid 20th century US took on the business model of a ponzi scheme, and transformed the sweaty salesman into an entrepreneurial recruiter with a downline.

MLM originators were part of a coordinated plan to challenge the new deal in lieu of radical free enterprise, where the only thing holding you back is yourself, and the economy consists solely of consumers selling to each other in a market of speculation. The secret is, no one is selling a product — they’re selling a way of life.

Further reading & resources:

Subscribe to our newsletter to get more stuff than just a podcast — we run events and do other work that you will definitely be interested in!

  continue reading

77 episodes

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