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Selling the Dream: The Billion-Dollar Industry Bankrupting Americans Audible Audiobook – Unabridged
A Next Big Idea Club Must-Read for March 2024 * A Bustle Best New Book of Spring 2024
Peabody and Emmy Award–winning journalist Jane Marie expands on her popular podcast The Dream to expose the scourge of multilevel marketing schemes and how they have profited off the evisceration of the American working class.
We’ve all heard of Amway, Mary Kay, Tupperware, and LuLaRoe, but few know the nefarious way they and countless other multilevel marketing (MLM) companies prey on desperate Americans struggling to make ends meet.
When factories close, stalwart industries shutter, and blue-collar opportunities evaporate, MLMs are there, ready to pounce on the crumbling American Dream. MLMs thrive in rural areas and on military bases, targeting women with promises of being their own boss and millions of dollars in easy income—even at the risk of their entire life savings. But the vast majority—99.7%—of those who join an MLM make no money or lose money, and wind up stuck with inventory they can’t sell to recoup their losses.
Featuring in-depth reporting and intimate research, Selling the Dream reveals how these companies—often owned by political and corporate elites, such as the Devos and the Van Andels families—have made a windfall in profit off of the desperation of the American working class.
- Listening Length6 hours and 14 minutes
- Audible release dateMarch 12, 2024
- LanguageEnglish
- ASINB0CDJ3NXCZ
- VersionUnabridged
- Program TypeAudiobook
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Product details
Listening Length | 6 hours and 14 minutes |
---|---|
Author | Jane Marie |
Narrator | Jane Marie |
Whispersync for Voice | Ready |
Audible.com Release Date | March 12, 2024 |
Publisher | Simon & Schuster Audio |
Program Type | Audiobook |
Version | Unabridged |
Language | English |
ASIN | B0CDJ3NXCZ |
Best Sellers Rank | #8,569 in Audible Books & Originals (See Top 100 in Audible Books & Originals) #10 in Con Artists, Hoaxes & Deceptions True Crime #23 in Hoaxes & Deceptions #27 in Feminist Theory (Books) |
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Unfortunately, I think the victims I know would still be victims even if they could be persuaded to read this book. It's a cultural and educational problem. General characteristics of victims: innumeracy, lack of critical thinking skills, gullibility, loneliness, susceptibility to cultish behavior, lack of ethics.
The book covers this territory very well. It's very depressing.
I have been exposing MLM for more than two decades, served as expert in 37 court cases against them, and written two books, "False Profits" and "Ponzinomics", on the subject. For the last 24 years, I have maintained a non-commercial consumer educational website on MLM, PyramidSchemeAlert.org that has reached millions of people. I’ve been interviewed by all major media.
"Selling the Dream" is a publishing milestone but not necessarily new information. It is mostly a reliable compilation of years of other people’s work on MLM that hopefully will now get wider circulation. Its publishing serves to confirm the burgeoning sentiment that “multi-level marketing” is a stain on the country – now exported to all other countries – that needs an urgent clean-up. It signifies that the dark truth about MLM is finally reaching the mainstream.
Regarding the book, I was extensively interviewed and consulted and was part of the author’s podcast, “The Dream, Season One,” which the book is mostly based on. I provided the podcast producers with years of my research on MLM, its history and politics that are in my book "Ponzinomics", which was published soon after “The Dream” podcast. I am referenced in a couple of footnotes in the book.
The book’s 2024 release reveals how the publishing industry has been one of the barriers to serious examination of MLM while it exploded from 1980 forward. It is now in over 100 countries, with one in 20 households on the planet directly involved at any given time. It has affected the lives, views about work, and caused losses to tens of millions of US families. Donald Trump was the most famous MLM spokesman for 10 years and he brought MLM’s first family, Betsy DeVos, into his Cabinet. Yet, only in 2024 does the first book on the overall MLM “industry” get published by a mainstream publisher. All previous attempts – I was part of the efforts – were rejected or ignored.
"Selling the Dream" avoids some of the reasons publishers likely were afraid or unwilling to recognize this huge Main Street phenomenon. This book does not directly charge MLMs with being pyramid schemes or cults, the main indictments of the “anti-MLM” movement for 40 years. It also does not tie multi-level marketing to any of the extreme political currents in America, for which there are many connections that other authors have explored.
Additionally, while the book repeats the now widely-known origins and early history of MLM, it does not acknowledge the courageous work of consumer groups, whistle-blowers, private attorneys, a few academics, and journalists over four decades and the savage legal and character attacks they endured from MLM operatives and law firms. During the nearly 40 years of publisher silence, independent consumer information – websites, blogs, newsletters, chats and self-published books – exposed the deceptions and extraordinary loss and harm caused by MLM. MLM companies waged a Scientology-like campaign against critics and whistle-blowers with online gaslighting, cease and desist threats, character smears, and SLAPP suits, charging defamation, contract interference or copyright violations. The object was to discredit and bankrupt. Many voices were silenced.
I am hopeful the publishing of this book will spark a wider public conversation about the impact MLM recruiting is having on Main Street households, relationships, politics, values and economics.
I’ve been morbidly fascinated by MLMs for the better part of a decade, wondering how and why people (overwhelmingly women) buy into the false promises of wealth and success. Jane Marie presents a meticulously investigated backstory of MLMs, complete with the economic and social factors that created an environment for these insidious companies to flourish. Although I’ve read a lot about MLMs, this was the first time I’ve seen such a well-documented analysis of how politics and government agencies figure into the mix, including how the FTC became powerless to regulate the industry and how MLM companies skirt the letter of previous rulings. Although the amount of information is comprehensive, the author keeps the reader engaged by serving it all up with a witty side of snark.
If you enjoyed The Dream podcast, the book “Hey Hun” by Emily Lynn Paulson, or documentaries like “LuLaRich” or “Betting on Zero”, you’ll likely enjoy this deep exploration of MLM history and culture.