How Two Families Shaped American Politics (& War) For Their Profit
How History Works・2 minutes read
Amway, founded in 1959, operates as a multi-level marketing company with controversial recruiting practices. The company's complex business structure, ties to politics and the military, and involvement in various industries shield it from scrutiny and legal consequences, showcasing its significant influence and power.
Insights
- Amway, founded by Richard DeVos and Jay Van Andel, started as a direct sales company focusing on beauty, health, and home care products, inspired by their previous experience with Neutralite Products Corporation to avoid job insecurity.
- Amway's complex business structure, controversial recruiting practices, and diverse involvements in real estate, entertainment, charity, politics, and the military create a shield of influence that makes it challenging for regulators to investigate allegations of white-collar crime and raises suspicions about their impact on government policies.
Get key ideas from YouTube videos. It’s free
Recent questions
What is Amway?
A direct sales company founded in 1959.
Who founded Amway?
Richard DeVos and Jay Van Andel.
What controversial practices does Amway employ?
Love bombing and disguised motivational seminars.
What assets does Amway own?
Amway Grand Plaza Hotel and Amway Center.
What is the DeVos family's connection to Amway?
Owners with ties to politics.
Related videos
How Money Works
Multi-Level Marketing Companies Are NOT Pyramid Schemes (They Are Worse)
LastWeekTonight
Multilevel Marketing: Last Week Tonight with John Oliver (HBO)
TED-Ed
How to spot a pyramid scheme - Stacie Bosley
Anders Larsson
The problem with Legendary Marketer, but is it really?
How History Works
How A Broke Candy Maker Started The Second Richest Family in America