Asmongold SHOCKED By Activision Blizzard GREED - Charity or Marketing? | The Jimquisition

company gave the charity company good now and let me tell you another thing about the bad video game publisher it does some bad video what is like what is he wearing like what is it like look at all the little pins man but these are all little pieces of flair game publisher things like micro transactions or loot boxes or other bad publisher things that are bad and i for one will not put up with it okay what's uh [ __ ] they've given money to charity all's forgiven company's not a charity company is good now yup what i truly love about activision blizzard is its values its values and its integrity you know what blizzard's only value is this is what blizzard blizzard's value is 76 dollars that's their only value the world's most successful standalone publisher responsible for such hits as call of duty guitar heroes spyro the dragon and spongebob squarepants plankton's robotic that was more than just a collaboration it's a corporation that cares grounded in our values of excellence and inclusion we are proud to support efforts focused on educational access and opportunity the benevolent publisher recently stated ceo bobby kartik announced yesterday his 1 million donation to support the united negro college fund the equal justice initiative and management leadership for tomorrow along with a 1 million personal pledge and a 1 million pledge from activision blizzard to match employee donations i can't keep up with like obviously that word i don't even want to say the word because like i don't like you know what i mean uh it's hard for me to keep up with which ones are okay and which ones are not now let me be real the goal of raising over 4 million for these organizations we are honored to join them in providing transformative opportunities to black americans and fighting against systemic inequality there it is and if any entity is interested in fighting systemic inequality it's gonna be the system i trust it why don't you corporations around the world face criticism during black lives matter protests and pride month for paying meal mouth to lip service or making respectively minuscule tax-deductible charitable donations without addressing internal policies or answering for continued abuses and prejudices within their own businesses not to mention what's easier to do that right i mean just put out a million bucks and you're just like hey you know what hey we're doing the right thing uh i i don't like how i feel like it's especially um it's especially manipulative when companies will go out of their way to do things that basically are pandering and on top of that they co-opt social issues to sell their brand like that's really what they're doing is they're co-opting a social issue to create a positive connection in the consumer the prospective consumer's mind between the company and the issue or like the person thinking that the company's good and i i don't like that at all man can failing to acknowledge the fact that as major businesses with influential millionaire and billionaire ceos they're not just beneficiaries but power brokers and leaders of the very system they simultaneously lament the inequality of and directly reinforce now unlike those pathetic bastards activision blizzard has actually done the right thing giving away four million dollars of the combined 13 billion dollars that make up activision's revenue and bobby cody's personal assets that's that's almost uh that's like point three percent it's like point three percent way less uh well no it would not be less because one thousand uh yeah oh it's zero i forgot it's zero point zero point three because it's not a hundred it's a thousand millions is one billion of course yes it's point zero three you guys are right and as if that wasn't enough activision blizzard said it cares and has values and at the end of the day don't we all want to know that the multi-billion dollar corporation we're all subsidizing with our tax dollars yes that it has values i mean sure activision blizzard did make six point four billion dollars in 2019. a lot of money sure the vast majority of that revenue came from economic systems which demonstrably exploit vulnerable people and well i mean like yeah but they donated a million dollars they still they don't have yeah they just write they write it off their taxes like this the thing is like these companies here here's a really good way i'll actually do this on the screen for people that don't understand now this is what these companies are doing charity that's the word now let me show you guys how to fix this what does it make sense sure it's record shattering revenue was announced at the same time activision blizzard laid off eight hundred of these conveniences and sure those eight hundred were which by the way they laid them off and now they opened up the positions that they laid the previous employees off they opened the positions up again to apply for so the people that they had fired they now open their jobs back up uh i knew that because one of the people guys it's a girl on the screen man what the [ __ ] wrong with you spent months beforehand hearing rumors about jesus or the company wouldn't address leaving already working in a state of unnecessary perpetual anxiety and okay now can i [ __ ] pause and talk about something so you guys can pay attention got so many goddamn coomers in my chat it's embarrassing holy [ __ ] boys i forgot what i was gonna say we could look at all that and openly wonder whether or not activision's four million dollars comes close to offsetting the damage the company has caused by virtue of its continued existence as a capitalistic role model but we're not going to we're not going to think about anything bad activision blizzard has done because it has given away a tax deductible 0.3 of it and bob is vast and well deserved wealth speaking of tax deductible activision blizzard is so good at paying tax it doesn't even have any tax to pay in fact activision blizzard is such an excellent [ __ ] business we pay activision at tax season as a big collective thank you for being so good at business in 2018 activision blizzard paid a sweet and shiny zero dollars in taxes but was nonetheless subsidised by the government to the tune of 228 million dollars a tax credit that not even amazon has managed to scam out of the country i mean earned earned yes earned now i know what you're thinking if activision not only pays zero oh my god oh my god for no discernible reason and if activision blizzard is boasting about giving away only four million so so we had to pay them for this [ __ ] that's like everybody got a dollar activision got a dollar from like most people in the country man what the [ __ ] and dollars did activision actually give anything to charitable causes or is it taking the credit for something we all paid for yeah and should all the people thanking and praising activision blizzard for its generosity actually just follow the company's lead and congratulate themselves yeah there's some people might hear that and think it's the argument wait yeah that means that we all donated to charity i never even thought of that but you're right yeah we all donated because i mean like we all pay the taxes so i mean there it is yeah we did this positive equivalent of a knockout punch that this discussion is now over because it's been demonstrated look whatever activision gave away wasn't actually its own money because hundreds of millions of dollars of activision's wealth was illegally stolen from the american people and he's done so every year but here's one rebuttal you haven't considered okay [ __ ] off look some among you may think that activision blizzard 6.4 billion dollars in revenue is excessive and emblematic of unsustainable growth but you could only think that if you're ignorant you see activision needs that money people act as if big businesses are magical the cash appears out of nowhere as if it grows on trees or is scammed out of the general public through texas but no the real world doesn't work that way you little communist yes activision blizzard makes a near blasphemous amount of money they make orders really it must it needs all that money how the [ __ ] else would it pay its executive staff huh didn't think of that one did you you [ __ ] dog [ __ ] i mean activision is constantly looking for new and innovative ways to further enrich its wealthiest members and is that not what we want in the game industry innovation yeah investment yes investment damn it investment in the most important people investment in those without whom the game industry just simply wouldn't exist investment not in transient it's like some of it's so much dude i get so much biggest pistols on screen what we're doing in our lives yeah i mean i don't know man like these companies that like i mean i'm not like i'm not like an expert in tax law okay but if i see these companies are bringing home like these massive [ __ ] profits and then they're getting tax money back from the people this seems like some [ __ ] okay like maybe i'm just completely misunderstanding this but from a layman's perspective this seems like some [ __ ] and disposable assets like artists writers programmers and coders but in the truly special the wealthiest classes of the game industry who must be worth investing in otherwise that wouldn't have been so wealthy to begin with a game developer time a dozen publishers consume and defecate dev studios by the bucket full [ __ ] common ineffective low rent weak a super rich white dude in a suit looking for a way to get even richer rarer than a [ __ ] unicorn mate just one video members executive bonus is worth 800 employees jobs that's how bloody crucial they are wait what this executive bonus and let me tell you another thing for a way to get even richer rarer than a [ __ ] unicorn mate just one video game's executive bonus is worth 800 employees jobs just the bonus holy [ __ ] man that's insane wow um they're not getting tax money a tax break is not money being given to them well i don't know the details right but i i this seems very very very sketchy that's how bloody crucial they are unionization never heard of it last year activision ceo bobby kotick made 30.1 million dollars in a year where eight percent of the company's staff was fired this is on top of multiple bonuses the company awards him regardless of performance sometimes seeming to financially reward him even when the company's [ __ ] up under his leadership hey of course mother's favorite bottom it's important to make sure that he knows that you know it's okay ecotic is a man of many talents he's not just ceo of activision blizzard he's also on the board of coca-cola and tomorrow [ __ ] so he gets a lot of money as well no god damn he gets a lot of money yeah he does i bet holy [ __ ] that's good this is insane he tried to certainly some others ash tray when he was seven years old the gym position would like to apologize i don't think that's suggesting that bobby cottick sold his mother's ashtray when he was seven years old like i tried to sell stupid ass [ __ ] whenever i was a kid too like there's nothing wrong with that oh he did sell the ashtray he sold it to another child who was at his house on a play date and he did it when he was a toddler we don't know what his age was so i apologize for saying he was seven years old we do however know that he made three dollars doing it and that according to his mother it was his first brush with compulsive capitalism also i can't prove that bobby cutic once [ __ ] an alligator in a wendy's parking lot but since we're talking about cilantro we might as well do something he's cheating he is so excessive one of the shareholders has protested it urging yellow stockholders not to approve a new agreement that would give koenig even more according to that channel activision is always finding new methods of funneling it's like if they take his pay down to 20 million it's not like he's gonna leave like that's the thing is like like oh bobby we're gonna cut your pay by five million well i quit no he's not gonna quit like he's just gonna be mad but he's not no he's not gonna leave come on cash toward kotick in a trickle up economy and i say good on bobby pockets a man officially listed as one of america's most overpaid ceos making 300 times more than the average employee would that we could work for a company so benevolent as activision prepared is to hand tens of millions of dollars over to a guy for doing [ __ ] oh would that we could all work there indeed activision blizzard generous recently hired a new president and ceo former google exec daniel allegra his new job is a base salary of 1.35 million dollars plus annual discretionary bonuses worth up to 1.35 million dollars plus you like plus an additional high performance bonus of up to 1.35 million dollars now that's quite a challenge that's a lot of money but like that's yeah that's a lot of money but like like 1.3 million is so much different than 30 million like think about how much bigger that number is that's a lot of [ __ ] money oh yeah plus a 2.5 million dollar contract inducement up front life insurance policy and five million dollars in stock options i think i should be an executive at one of these companies this seems like a really good career path like you know i was not really sure about it but now that we figured out like yeah this is great wow holy [ __ ] to what one individual has made from activision before he's even started one day of work that four million dollar donation almost looks like nothing yeah like a total [ __ ] nothing but it isn't nothing it's something and we should be grateful by the way let's not think about how sick the economy's become that we're here looking at four million dollars and we're calling it nothing even though basically none of us will ever come close to achieving just one million let's totally don't think about how i recently saw massively rich people described as mere millionaires because being a millionaire nowadays truly is nothing compared to the growing ranks of the billionaires who have a baseline amount of 100 000 million dollars and we're soon entering even being a billionaire won't be impressive anymore because jeff bezos is on track to become a [ __ ] trillionaire which has completely devalued the concept of money while ensuring how does he have so much money it's literally one bald guy one ball how is he supposed to how's he's gonna have that much is one bald guy jesus vast majority of people who desperately need it you know when you really don't think about it there's simply nothing wrong with a world where money is both so ubiquitous that millions of it mean nothing and so scarce that people are getting robbed over a couple tenors yeah have any of you heard of a share buyback or whatever it's called i've never heard of it because i'm a big ignorant [ __ ] but i'm who will tell us what it is a stock buyback put simply is a company buying its own shares back from the marketplace dodo this reduces the amount of available shares on the marketplace which in turn increases the stake of the stakeholders it's generally seen as a pretty good thing that the company buying back its own shares has the money to do so it's also a great opportunity to do some insider trading don't you do that's what activision and electronic arts executives have done when they've announced buybacks for example in february 2017 announced a 1 billion buyback program during which time bobby kotick sold to nearly 4 million of his own shares which thanks to the buyback announcement had increased in value by 15 the executives know that the buyback is coming and the buyback will increase the value of the stock so they announce it and the next day they sell a fuckload of shares it's basically oh god dude that's impressive i love it yeah this is [ __ ] great insider trading buddy a situation made all the more concerning by the fact that activision during this buyback yeah they do not actually buy back any shares and probably know if they've done the exact same thing two years earlier in 2016 not actually buying it it's amazing and making bobby cottick a very rich man rocking a man richard manner well that's fascinating wow how much money did bobby kotick make selling his shares in 2017 he made 180.8 million the day after the buyback announcement 180 million dollars man i need to quit streaming dude like this is some [ __ ] like i've been i'm doing the wrong thing man why i need to get into stocks like this is this has got to be something else yeah i regret becoming a doctor jesus [ __ ] hell skies are crazy far i've more than sufficiently explained how activision blizzard's altruistic endeavors are not at all cynical and certainly meaningful but if you're still unconvinced might i point out just how ungrateful you [ __ ] are judging a contribution to a cause based on somebody's net worth is nothing but donation shaming at its most ghost and donation shaming or philanthropy if you want to sound clever is a very real problem gnawing at the moral heart of america it's a cruelty keenly i i do agree with what i actually do agree with that to an extent so like but i think the difference is that whenever a company does it versus like an individual so it's like i remember i think ninja donated some money to something and people were like oh it's only this amount it should have been this much amount because he has this much money no i hate that it's super cringe but whenever a company does it i think it's a different thing uh individuals versus companies go ahead sue it you talk about ninja yeah [ __ ] really you're still mad about that you're never gonna let him live it down holy [ __ ] felt by aforementioned future trillionaire jeff bezos who by the way owes me a million quid and finds himself routinely criticized for doing good things even though the things he does are good and one hand always washes the other i mean sure how about that significantly less wealthy richoids like chris hemsworth and elton john tossed a millionaire into the bucket for australian bushfire from the fact that amazon contributed a hearty 690 000 to the cause how about does it matter that jeff bezos are literally make 690 000 in five real-time minutes that over the running time of this video he will have accrued several more million dollars is it really even worth mentioning that amazon like activision pays no taxes and gets subsidized by us [Applause] is less than the equivalent of you tossing a few spare pennies into a salvation army box on your way out of walgreens and the last time i checked we're not lavishing praise on that activity oh my gosh and then the salvation army is disgustingly homophobic my name is to tell the collectors outside the walgreens that i'm an abortion doctor they tend to leave me well alone after that but this vast gulf of income disparity as it relates to arms giving throws open a number of interesting philosophical questions is there a difference between doing something and doing nothing when the thing you've done is so minuscule in relation to your capabilities that it might as well have been nothing well it is i think there's a difference whenever you're using it as a vehicle to market yourself right and so like that's what the difference is to me it's like if an individual does it who's not really selling a product then i think it's a completely different perspective than if a company does it and they are selling a product because there's a defined goal that they're going after and uh yeah it's even worse yeah and like so if you're a billionaire and you donate a thousand dollars to a cause that's great you you did that right but if a company does that i think that it's different because companies do it in a way that is designed to improve people's perception of the company and in the long run have those people buy more products so i think that it's more self-serving if evil flourishes when the good do nothing are you good because you did something that was nearly nothing should we lavish praise on someone who gave away what is to them and me a sliver of what we'd call yeah sure we wouldn't do that for someone who literally gave away all their pocket change is it immoral to sit on billions and billions of dollars that you literally don't and you'll never need when just a fraction of it could irrevocably transform the lives of millions and you've given less than a fraction of a fraction of a fraction does the charity given offset the economic harm caused by the sheer existence of billionaires and the economic disparity they represent i'll be honest like i don't know a lot about that kind of stuff i haven't read into this like as billionaires and millionaires is like people having like ridiculous amounts of money is this like good for the society i i don't really know okay like i don't want to have an argument about it but i don't okay yeah you guys all right i see yeah i don't know it's on stocks yeah it is all in stocks it's not like people they have like that much money in the bank so i i just i don't want to have like a conversation about that particularly i i don't really have have you given away anything when you've already taken so so much yeah where is the line between virtue and cynicism and can we even quantify such a thing financially does any of it even matter when good is being done regardless of how much more good could be done is charity inherently good by sheer definition i mean i just told you to avoid giving money to the salvation army was that good or did i just do bad no seriously their [ __ ] as this tweet in defense of bobby kotick puts it the thing is he doesn't have to donate he gains a lot of money and he gets overpaid but he didn't need to donate and one million dollars to an organization can change a lot they're not wrong he but as mentioned earlier the nature of money and the concept of value you have become so warped that to change anything on a significantly systemic scale you'd need billions billions that billionaires have and literally don't need and do nothing but hoards while contributing to the very cheapening of the economy that ensures their donation i don't know about this like i i really mean that i don't know about this like because the thing is whenever you hear about like people that have a lot of money like a lot of that money is invested in the economy so like how much good are they doing by having that much money invested into the economy i don't i don't know enough about this like really well i don't have enough what [ __ ] off dude we all know that these billionaires are sitting in their mansions on piles of money all we have to do is just go in there take the money say [ __ ] you and then you know go spend it however we want does is that it that's how it works so we just get their money and then i can buy all the alpacas if we do that yeah holy i'll be able to buy like five of these alpacas this would be crazy it's very true i mean jack [ __ ] by notable global standards but this episode is meant to be sarcastic so i'll point out that none of us need to worry about this and we should all just go play video games and not think about politics and by this monto merman figure what i've got mondo please pay attention to me and give me free stuff we get at this juncture make mention of how philanthropy has long been a weapon of the mega ridge rather than make the world a better place generous donations have been used by billionaires for decades to maintain a status quo that ensures their donations are relied upon while their own fortunes increase unchecked i don't know about that i think that's a i don't know what do you guys think is that is that too much i think that might be what you say that like that the billionaires make everybody rely on them by giving them donations i don't know that that seems i mean seems a little bit a little bit much look at you what do you mean look at me i mean you're you're a billionaire and you're relying on you know random retards in chat giving you money sometimes as if whenever a massive capitalist dump wad idly chucks a couple million to charity it's some sort of thinly veiled scheme the koch brothers have always been masters of this particular endeavor using their tax deductible donations to curry favor with influential people deflect criticism and fund entities that serve their sole interests as jane mayer notes in her book dark money tax avoidance was the original impetus for the koch brothers extraordinary philanthropy spurred on as it was by the creation of a charitable fund whereby no coke had to pay inheritance tax so long as they spent 20 years giving away the inheritance his accrued interest basically they had to give away the fat stacks of cash that their existing fat stack of cash was earning simply by being a fat stack of cash and it is in this way that a billionaire makes doing nothing okay something we've talked about how triple a game companies create problems in their games like excessively grindy gameplay and then exploitably sell you solutions for money billionaire philanthropy works on a similar they principle are selling solutions to the problems they cause and the solution they're selling is themselves specifically their own alleged necessity there it is they have the money and power to fight the inequality prejudice and class struggle they directly profit off they are the job creators after all and we should never judge oppose that against the mass layoffs they routinely engage in they give to charity and we should never look into the overseas worker violations including child labour that they rely upon to keep raking in profits how convenient you know you know these are the people that are donating and making these uh these political statements on twitter they sell themselves the same way ubisoft sells xp boosters and we all pay in the form of a massive income discrepancy political contributions to legislators and laws that actively keep folk disenfranchised for the sake of the elite and if you think you don't have a horse in this race because incoming equality and class struggle and marginalized franchise doesn't affect you do remember we also paid activision a collective 228 million dollars last year even if you didn't buy any of their games you're still forced to support them how's that for a [ __ ] micro transaction you'll get executives around the world we shouldn't have welfare we shouldn't have benefits from jesus dude the government shouldn't try to help everyone and give everyone an equal shot or access to basic rights like housing and health care and at the exact same time they're tugging on mummy government's apron strings begging for cash and we need tax breaks oh we need bailouts so we need corporate [ __ ] welfare these companies have given money to charity not their money anyway they gave hours and they'll still be able to write to them so we did this [ __ ] taxes for some philanthropy gross tacky gross despicable practice by the way we've dropped all the sarcastic [ __ ] don't know if you noticed for others it's more much needed accountability for a class of small but obscenely powerful individuals who routinely get away with the destruction of social welfare and think that giving away a couple million will distract us from the fact they're making thousands of dollars every minute or in jeff i think that like yeah again i think that it's i i don't like again whenever somebody makes a donation to something and then people get mad that the donation wasn't bigger i think that's it's just not i think it's stupid like i just think it's stupid and like entitled i guess but what i would be happy with is like a middle ground is if you're a company who acts like these are your values and like you value equality and stuff like this that you don't pay people 30 million dollars like it's not even the fact that they're doing these donations that are like massive i think the problem is that there's the the hypocritical nature of it which is what i don't like mage t thank you for the five gift of community subs i appreciate that yeah i feel like it's hypocritical and it's hypocritical in a completely self-serving way bezos case every goddamn second and considering i would liken these donations to poison masquerading as the cure i think it's clear where i'm at on this one i think shaming bobby kartik and activision is obviously horrible and we shouldn't do it yeah let's not do it oh yeah that's right we did the sarcasm bit at the very end again [Laughter] also activision support blocks me on twitter and that's [ __ ] hilarious how about that dude didn't they how about that and if anything that's what this video has all been about is the fact that i put some bogglings in my how cute and they look quite handsome and fetchy i mean something something something capitalism is bad something something something they [ __ ] us completely over during the coronavirus pandemic i don't think capitalism is fundamentally bad um i i don't think so but i think that capitalism whenever you tie it into its crony capitalism is really what it is is you have these companies that are yeah i i you know yeah i don't think capitalism is fundamentally bad i think that's a stupid opinion that's created by people that have never actually they don't understand what capitalism capitalism has created like capitalism has done a number of very very good things and i think that it's a better system than communism 100 and on top of that i would say that a mix between capitalism and socialism is probably the best solution which is really what we have but there are often a lot of cases where you have like instances of this is fundamentally not capitalism like rewriting the rules and then making the rules to where you can't lose is fundamentally not capitalism and i think that's really what the difference is that the ideal of capitalism is something that you should work towards or at least i think so versus the reality of what we have which is capitalism which is actually not capitalism um i mean you know it's corporate social media yeah exactly how about that thank god for me okay okay there we go uh billionaires shouldn't exist have 99.9 million taxes should be 100 yeah but it's like then you have people the the problem with that is oh that's a good idea what after that is such a great idea there should be a limit on how much money you can have like if you get up to 999 million dollars okay you should and then a penny after that that would put you in a billion you have to give it away to to other people to other people yeah and then if that doesn't work then we should just say like yeah we should just yeah and if we can't do that we should just say like yeah you know like [ __ ] having laws and [ __ ] and just like go take the money yeah [ __ ] them dude like [ __ ] laws dude i don't really think that's the solution maybe it is but uh overall like the the fundamental thing that i have with this video right is that i i kind of agree with like a lot of things that he's saying but there are a few things that i'm not really a big fan of uh i i do i i'm not convinced that capitalism is a fundamentally bad system uh but i do think that there are bad things that comes out of capitalism a hundred percent and uh i just think this is the things that come out of other systems are also bad uh like there's a lot of people that like nowadays i think that there's very much a like really really strong sentiment against it because people see what happens in america and they assume that that's capitalism but we have a lot of socialist systems here in america too right i mean you have like social security you have welfare you know these are things like they're basically socialist systems and so i i think a mixture between the two is probably the best option like having a completely free market i don't think ever really works because people then just kind of make the market not free [Music] you

Channel: Asmongold TV

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Keywords: asmongold, asmongold reacts, asmongold twitch, asmongold highlights, asmongold youtube, asmongold moments, asmongold best, asmongold tv, asmongold channel, asmongold jim sterling, asmongold jimquisition, asmongold jim, asmongold blizzard, jimquisition, jim sterling, jimquisition blizzard, blizzard, activision blizzard, activision, asmongold activision, asmongold shocked, asmongold activision blizzard, the jimquisition, asmongold the jimquisition, asmongold reacts jimquisition

Id: MolfI-KDrKI

Length: 36min 13sec (2173 seconds)

Published: Mon Jun 22 2020