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Ponzinomics: The Untold Story of Multi-Level Marketing

Robert L. Fitzpatrick
4.13/5 (217 ratings)
Read Now Download Now
Ponzinomics by Robert L. FitzPatrick, author of False Profits, is the first comprehensive account of how "multi-level marketing" was created in America, escaped criminal and civil prosecution and spread all over the world. It is the first book to deeply investigate the multi-level marketing phenomenon and to fully explain how the legitimate business of "direct selling" was turned into deceptive pyramid recruiting. Ponzinomics dissects the elements that distinguish "multi-level marketing" from legitimate sales, and reveals how a "business" could become a delusional belief and a pyramid scheme a pseudo-business model. Ponzinomics reveals how multi-level marketing helped to lay a foundation on Main Street for the presidency of Donald Trump with a program of pervasive deception, financial self-destruction, authoritarian leader-worship and economic make-believe. Ponzinomics is a discomforting look at the threads of American culture, business and politics that were woven into what has become the largest scam on Main Street.
Format:
Paperback
Pages:
375 pages
Publication:
2020
Publisher:
FitzPatrick Management Inc.
Edition:
Language:
eng
ISBN10:
0578443511
ISBN13:
9780578443515
kindle Asin:
B08NHWBSZ2

Ponzinomics: The Untold Story of Multi-Level Marketing

Robert L. Fitzpatrick
4.13/5 (217 ratings)
Read Download
Ponzinomics by Robert L. FitzPatrick, author of False Profits, is the first comprehensive account of how "multi-level marketing" was created in America, escaped criminal and civil prosecution and spread all over the world. It is the first book to deeply investigate the multi-level marketing phenomenon and to fully explain how the legitimate business of "direct selling" was turned into deceptive pyramid recruiting. Ponzinomics dissects the elements that distinguish "multi-level marketing" from legitimate sales, and reveals how a "business" could become a delusional belief and a pyramid scheme a pseudo-business model. Ponzinomics reveals how multi-level marketing helped to lay a foundation on Main Street for the presidency of Donald Trump with a program of pervasive deception, financial self-destruction, authoritarian leader-worship and economic make-believe. Ponzinomics is a discomforting look at the threads of American culture, business and politics that were woven into what has become the largest scam on Main Street.
Format:
Paperback
Pages:
375 pages
Publication:
2020
Publisher:
FitzPatrick Management Inc.
Edition:
Language:
eng
ISBN10:
0578443511
ISBN13:
9780578443515
kindle Asin:
B08NHWBSZ2

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