1 title per month from Audible’s entire catalog of best sellers, and new releases.
Access a growing selection of included Audible Originals, audiobooks and podcasts.
You will get an email reminder before your trial ends.
Your Premium Plus plan is $14.95 a month after 30 day trial. Cancel anytime.
Buy for $24.95

Buy for $24.95

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's Summary

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

What listeners say about Ponzinomics

Average Customer Ratings
Overall
  • 5 out of 5 stars
  • 5 Stars
    34
  • 4 Stars
    4
  • 3 Stars
    0
  • 2 Stars
    1
  • 1 Stars
    0
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    28
  • 4 Stars
    3
  • 3 Stars
    1
  • 2 Stars
    0
  • 1 Stars
    1
Story
  • 5 out of 5 stars
  • 5 Stars
    29
  • 4 Stars
    3
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    1

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

"Glorified Pyramid Schemes"

This book, so far, has the best book for a general knowledge about multi-level marketing or as I like to call them "Glorified Pyramid Schemes". Recently I had someone close to me being involved with Amway. Luckily I was able to get them out. I have encountered Amway previously on three separate occasions. But didn't know the seriousness of Amway or other MLMs. This book has helped my understanding of the history, the tactics, and thought process of MLMs.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Fantastic listen!

If you are even a little interested in MLM's, listen to this book. I like the audio version better than the paperback and his voice is very soothing. The information is jam packed and detailed! Highly recommend!

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Helpful

Just getting out of an MLM myself, this was very helpful and insightful. I enjoyed learning about the beginnings of MLM and how politicians have played a role in furthering this deceptive practice. I can only hope that Mr. Fitzpatrick is right, that MLM is getting closer to crumbling.

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars

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.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

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.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

An accurate and well written illumination of MLMs.

The history thru current state of MLMs is fascinating and frightening. A book all should read to be better equipt for the next invitation to "an incredible opportunity".