this post was submitted on 29 Jul 2023
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Showerthoughts

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Capitalism is nothing but a giant pyramid scheme. (infosec.pub)
submitted 1 year ago by its_a_mit@infosec.pub to c/showerthoughts@lemmy.world
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[–] markr@lemmy.world 3 points 1 year ago

That's a good question. Amway is perhaps the architype pyramid scheme. They actually do sell products, but primarily to the marks they con into being 'amway agents' or whatever they call them. The marks, in addition to buying the shit, also kick back part of the proceeds from any sales up the ladder. A ponzi scheme doesn't actually do anything with the marks investment money other than use it to pay off the people in on the con.