• stickly@lemmy.world
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    2 days ago

    Holy shit that is insane

    Judge rules Fenwick Island’s corporate voting does not dilute human votes

    So I can buy a building and sell closet space to other companies (which I also own) for infinite voting power. This is absurd.

    • TheColonel@reddthat.com
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      2 days ago

      What’s preventing a megacorp from buying a bunch of small shell companies and voting in their own best interest?

      I am curious how the voting actually works, though.

    • Zink@programming.dev
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      2 days ago

      Yeah, it seems like a very simple argument that since every individual owner of a corporation gets a vote, that the owners as a group should not get an additional vote.

      I mean, the courts are no longer about what’s logical or fair, obviously, but still.