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Profit, Power, and Policy | Business Ethics Insights
Dive into political economy, business ethics, and economic policy with professors Bill Keep and Nancy Lasher as they examine competitive markets and expose anti-competitive behavior and market collusion threatening today's economy. Learn how Adam Smith's principles apply to modern economic challenges.
Profit, Power, and Policy | Business Ethics Insights
History shows…don’t fall for the “business opportunity” called multi-level marketing (aka direct selling)!
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Multi-level marketing (MLM), sometimes called direct selling, has proved a money losing proposition for more than sixty years. From lingerie to household items to nutritional supplements to “education” programs, MLMs have screwed consumers hoping to make a little money. History shows that 95% or more of those who join an MLM in hopes of making money end up with a financial loss. In this episode we explore why and warn people, especially young people, against pursuing this type of “business opportunity.”