3 ms·

I don’t know why Herbalife, Amway, Primerica and all the MLM pyramid schemes are technically legal and allowed to exist.

• phobosanomaly 6y ago
  To play devil's advocate, with people tied up in legal pyramid schemes there's some degree of oversight and public scrutiny. The companies can't egregiously screw too many people too bad. Anybody who does a little homework can see that it's a scam because there's a small number of the schemes around, and Coffezilla has talked about them all ad-nauseum. Vs. if those people were tied up in illegal/underground pyramid schemes, those schemes might be 1,000x more predatory and exploitative. Like payday loans. They're horrible and predatory, but they'll only take your car, not break your kneecaps if you can't pay. Addressing market failure in the United States is more damage control and harm reduction than anything. Our Chesterton's fences are in the form of duct tape on top of duct tape.