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Those 97% only have 49% of the voting power, so of course they can be ignored. 50% + 1 is more than enough to completely override all interests and demands from
by ssnistfajen 4y ago
Those 97% only have 49% of the voting power, so of course they can be ignored. 50% + 1 is more than enough to completely override all interests and demands from the other side. This has been demonstrated repeatedly in any system that involved voting power.
- hansvm 4y agoThe question isn't whether they could be outvoted, just whether doing so is actually consequence-free. It isn't a pure democracy because the majority power has certain duties and obligations imposed by external actors (the court system) regardless of their ability or inclination to override other interests and demands.
- ssnistfajen 4y ago>It isn't a pure democracy Yes, that's precisely why those who hold controlling voting power can get away with pretty much anything. The founders are not stupid. They are not giving away Google's source codes or company assets in proccesses that are 100% detrimental to the company's net value. Whatever consequences there will be due to some Wallstreet suits fuming at their annual investment return having 1% fewer growth YoY is going to have a very hard time building an actual case for a lawsuit. Should anything come close to materializing in a lawsuit, the legal teams will certainly relay that to Sergey and Larry so that they could respond accordingly.