Ponzinomics

The Untold Story of Multi-Level Marketing

By: Robert L. FitzPatrick

Narrated by: Robert L. FitzPatrick

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 fully explain how the legitimate business of "direct selling" was turned into pyramid recruiting.

Ponzinomics dissects the elements that distinguish multi-level marketing from legitimate sales, and reveals how a business could become a delusional belief. Ponzinomics reveals how multi-level marketing helped to lay a foundation on Main Street 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.

©2020 Robert L. FitzPatrick (P)2021 Robert L. FitzPatrick

Ponzinomics, the truth about MLM scams..

I was as most people in their lifetimes now, also, recruited into the Amway scam. For me, it went rather painless thankfully. Only about 2 months of time wasted and about a thousand EUR. Estonia.

This book describes what I later learned for what it was. A brainwashing cult. You will get a glimpse of the origins of the roots of the pyramid scam companies and their endless recruitment chain schemes. This book will tell you all you need to know about why it's a scam. It will not tell you how to rescue loved ones from it. But nonetheless, it will educate you on what it truly is aside the smoke and mirrors.
I wholeheartedly reccommend. For whenever someone of your close ones ever comes to you with the disguised proposition of a social gathering and then to reel you in, you will know to tell them what they're really dealing with.

Conclusively, MLM pyramids are modern day slavery.

Great book from a great author/researcher

I don’t usually writes reviews, but this book’s message is sorely needed right now. Anyone interested in knowing about Commercial cults should read/ listen to this book. Great job Mr. Fitzpatrick, great job.

A really good and informative book.

The book delivers on the numbers and history of MLM's. If a person is thinking of joining an MLM they need to read this book first.

Essential reading for Americans

This book illuminates a part of American society that is too infrequently examined or understood by most.

Brilliant history of Multi-Level Marketing

It's all connected. Chain letters. Dale Carnegie. Ponzi. Amway. Well researched and told as a comprehensive story, this author makes you see the big picture. I found myself saying more than once, "I remember that! Yep, it makes sense".
Listen at 1.2 since the author's voice is a bit dry. And there's a gong that rings between sections which kept catching me off guard.
Still well worth a listen.