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re: John Oliver's takedown on MLM's
Posted on 11/8/16 at 10:16 pm to vandelay industries
Posted on 11/8/16 at 10:16 pm to vandelay industries
It seems y'all don't understand the nature of the pyramid scheme. It's completely unsustainable as an enterprise. That's NOT the case with MLM's. It's why so many of them can last decades.
1
Posted on 11/9/16 at 8:30 am to SabiDojo
quote:
It seems y'all don't understand the nature of the pyramid scheme. It's completely unsustainable as an enterprise. That's NOT the case with MLM's. It's why so many of them can last decades.
Define unsustainable. The newer participants go into debt taking on inventory worth a fraction of the purchase price - and to get money back you have to rope friends or family into the same unsustainable situation. The nature of math (and limited number of people on earth) make it impossible for the next level or two of people to even break even either.
None of that seems sustainable for the participants anywhere other than at the top. If you want to argue it is sustainable because the guys at the top make money? Well... that's only true in the sense that a con man also operates a sustainable business when he moves from town to town looking for new marks.
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