The analogy doesn't work. MLMs are outright fraud. Even worse than "gig economy" "jobs" that are really just stealing your car's value to pay a large fraction o

The analogy doesn't work. MLMs are outright fraud. Even worse than "gig economy" "jobs" that are really just stealing your car's value to pay a large fraction of your supposed income. They exploit people who are not intelligent enough to escape their come ons. in both these cases you end up with nothing. Outside of for-profit and lower-tier schools that really have no business issuing postgraduate degrees, the worst that happens to postgraduate degree holders is that their income model takes a ding for not having been in industry since getting their undergraduate degree. but they still mostly have a prosperous future. Grad students get exploited as cheap labor when they could have been making more, and advancing industry careers, for sure. But that's not nearly as sad as turning people of low education and low attainment into pyramid scheme victims. That's outright evil.