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There are plenty of situations where majority approval shouldn't be accepted. Matt Levine talks about one a lot, where a company in bankruptcy agrees to honor t
by sdwr 2y ago
There are plenty of situations where majority approval shouldn't be accepted. Matt Levine talks about one a lot, where a company in bankruptcy agrees to honor the claims of 51% of its creditors and blow off the others.
- dfhvneoieno 2y agoExactly. Countries don't work like _literal_ democracies of the 51% majority, and neither should companies.