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A comment on Microsoft President: Democracy Is At Stake. Regulate Big Tech. Parent comment

Re:Microsoft President: Democracy Is At Stake. Regulate Big ... by jkp56 on Saturday September 14, 2019 @05:13PM (#20973848)
Neither engineers not execs really make decisions to be good or evil. They implement the will of major shareholders who actually run the company. Satya Nadella has maybe 100s of millions, while the capitalization of MS is 1 trillion. This means that Satya isn't the decision maker. Only in small companies CEO and the owner is the same person.
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Re:Microsoft President: Democracy Is At Stake. Regulate Big ... by throwaway2048 on Saturday September 14, 2019 @07:07PM (#20974437)
this is complete nonsense that denies the factual agency these people absolutely have.
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Re:Microsoft President: Democracy Is At Stake. Regulate Big ... by jkp56 on Friday September 20, 2019 @01:38PM (#21029253)
This is plain truth, not nonsense. You can go and start a corporation any time. If it appears successful, you need to hire a CEO and a bunch of other people. At that time you'll own nearly all preferred shares that give control. Despite CEO will get maybe 5% and will run the company, according to laws, preferreds will give you a final say in everything and you can fire that CEO at any time. This is even more true with big execs: they hold nowhere near 5%.
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