Do You Think MLMs Are Predatory?
It is not a matter of opinion, but a factual statement. A simple Google search for the 'Annual Income Disclosure Statement' of any MLM (Multilevel Marketing) will reveal the lengths they go to manipulate the truth.
The Predatory Nature of MLMs
I consider MLMs more parasitic than predatory. While 'predatory' is a fitting term, 'parasitic' might be more accurate.
This parasitic behavior leads individuals to avoid those involved in MLMs. This is where the term 'parasitic' comes into play, as it accurately reflects the kind of behavior and outcomes associated with these businesses.
The Current Capitalist Paradigm and MLMs
The current paradigm of capitalism is inherently predatory, which brings up the question of how commerce, including MLMs, could not be predatory. Part of the human brain, retained through evolution for survival benefits, processes, and responds to all internal and external sensory inputs at a rapid pace. This process is driven by chemical signals that can be considered addictive, leading to a hyperstate of alertness where everything is perceived as a potential threat or an object to exploit.
The Devastating Impact of MLMs
Unfortunately, I know for a fact that MLMs can be deeply predatory. I have witnessed countless instances of individuals losing massive amounts of money, often over hundreds of thousands, leading to financial ruin, divorce, or even suicide. These stories serve as stark testament to the destructive potential of such schemes.
The Predatory Nature of Sales in General
Sales, in general, can be described as predatory. Once regular people are shown how they can share a concept and make a commission, they often feel compelled to participate. The business model of MLMs exploits this very psychology, as it forces individuals to recruit others to maintain and increase their earnings.
While not all participants start out with predatory intentions, the hyperbolic nature of MLM claims and the incentives for growth create an environment that can easily lead to predatory behavior. As Dave Davis, often nicknamed 'Maury', once quipped, 'Common sense is so rare it should be classified as a superpower.' This sentiment resonates as we reflect on the impact of these schemes.
It is crucial to remain vigilant and to educate oneself about the potential pitfalls of MLMs. The success of a business is not solely about financial gain but also about ethical considerations and respect for individuals involved.