Welcome back agent nation. My name of course y'all know me you subscribe to the channel and you leave likes on every video, right? I'm agent beam star. Let's get Into the news Yo, there's a lot of bad news again So like there's a lot of news but like most of it is bad news to just keep up for our first story of the day NBA 2k stock is plummeting I'd be wondering how was that possible isn't the game doing fantastic? Isn't it selling well all the micro transactions? Well, let's get some background knowledge real quick The guys that actually developed a game are called visual concepts The publisher of visual concepts is called NBA 2k and NBA 2k is owned by a company You might have heard of called take two take two is gonna be a familiar name because they also own publishers like rock star games Which gave us fantastic titles like GTA 5 and you might have heard of red dead redemption too So how is the company that owns all of these games struggling? Well, they're not they're actually doing fantastic in terms of making money Red Dead sold 18 million copies in seven days. That is that since that's just crazy right there That is insane. I mean NBA 2k year after year does better than ever So agent why is the stock dropping well the most reputable source in all of gaming and really journalism in general IGN dropped this article talking about how the FTC is gonna begin an investigation in loot box So a few months ago, you remember I covered a story about how in Germany They banned companies from being being able to use loot boxes or my team packs in their titles So to the investors or the people thinking about investing into publicly traded companies like EA or take two It really doesn't matter how much money you're making now It really just matters how confident the market is that you're gonna continue making that and some in the future And so a potential ban depending on of course the conclusion of whatever the FTC's Investigation is gonna include now that would be catastrophic to the bottom line of take two of EA and to a lot of big Publishers and so for that reason they're leaving in droves the situation begins to escalate because it was an article that dropped that detailed the VP of take two Daniel P. Emerson sold 13,000 shares that amounted to $1.6 million if the founder at litecoin taught me anything it's that anytime the founders or the guys at the top are doing something I'm not saying insider trading not even remotely. I'm just saying I would trust what they're doing and do the same thing Now keep in mind this agent beam started talking right I went to Yale Harvard Princeton and DeVry University my guys So pay attention now. This is me looking at some numbers here Okay, I had a lot of finance classes, so I definitely know what I'm looking at This is the last five years to take two stock. This is 2014 at the very beginning and all the way to the right is of course now 2014 was around the time where 2k 13 my team was introduced starting to pick up some steam Of course GTA 5 is a micro transactions The new content was turning to swerve in and so a lot of people were getting in it's very very excited about the Prospect of making a lot a lot of money this goes for both EA and take two so 2015 goes by 2016 goes by the number Start to just exponentially go up just faster and faster 2017 until you reach 2018. There's a small little dip now agent. Why is there a small little dip? Hmm? Anytime a publicly traded company needs to inspire some sort of confidence in the market They usually put out some stats a tweet maybe like a press conference a statement of some kind in this instance NBA 2k is trying to do their part in helping take to they put out this tweet saying a lot has happened in NBA 2k 19 this Year so we're dropping our favorite stats so far when have you ever done that 2k you don't drop stats You keep that a secret my guys for starters over one million games are played daily who you balling with the most Everyone's on guys everybody's on It didn't stop there They literally have a string of tweets that begin to get more and more pointless the further you go down brought an MJ go at it 234 times per day on 2k 19 number 23 still suits up 10,792 times a day Everyone's on mood when your fans help you get nominated for best sports game of the year and be a 2k 19 Thank you for all your support help us take home the award by voting and of course if you can even guess what the replies You're talking about what are these fans you speak of asap tk says Kowalski analysis, this is some bulls**t skipper. I don't know what they expected man Sometimes this comes in the form of sales that dip you saw between like February and April They dropped a lot of sales in between that time to their mobile game They announced the NBA 2k league draft around that time cuts to VC cuts to the game in general by 50% That's unheard of and so it makes sense, right? People are just beginning to lose confidence and 2k tries to do what they can to get people to be confident about the game And of course the other titles that take to owns like red dead redemption GTA 5 are gonna be doing the same But the reality is until that FTC investigation is concluded There's no way I see NBA 2k or more specifically take to stock bouncing back anytime soon I could be wrong though. I mean keep mine. It's just agent beam star Yale Harvard Princeton and DeVry I know what I'm talking about, you know In my second year university, I had a finance class and I was leading the stock assignment We were doing the entire time I found that a very fascinating story for our next story of the day late last night There was a streamer that goes by the name jaw on twidge And he had an altercation with a family member and for whatever reason decided not to mute the mic and the Conversations spilled over into Twitter some youtubers were taking shots at him calling him the reason the NBA 2k community So toxic, I'm gonna just let you guys hear the clip and then we'll go from there From what I understand about the situation he's living with a sister his sister saying quiet down It's late in the night You're you're yelling and I'm trying to sleep and he was like I'm not with it So they kind of went in the back and forth that began with I gave you a thousand dollars And he was flexing that he was helping her out and then it escalated to that's why your kids was taken away from you And then it went as far as to like he was just saying he's gonna move out He doesn't want to deal with it anymore the whole 2k community was angry at this guy talking about how how could you talk to your Sister like that. Why didn't she just mute the mic stop being so toxic if I said this to my brother He would have beat the living soul out of me if I said it to my parents. I would not be alive right now So this is out of the question for me Ja, I'll say this much my guy because I had to live with my brother for a couple months before I found my own spot After I left university and that was torture I'll be getting excited in a video and my brother would come out and say shut the hell up And I'll be like, man How do I record if I can't record late at night early in the morning anytime he's sleeping and he'll be sleeping in the middle Of the damn day so I was like out of options as a content creator It sucks back when I was in university the amount of noise complaints I got for just talking at the same exact volume from the people above me and below me was insane Which is why now I have my own house. So I do sympathize with you job It's a very horrible situation because he does want to stream he wants to put out content But at the same time he has people yelling at him to cut that out, but at the same time Bro, come on man at least mute your mic like that's the least you can do if you're having that conversation There's so much personal stuff you just put out in the public There is no reason all that had to be public except the fact that you made it public come on man So yeah, I get it. He's being super toxic horrible situation But I do sympathize because I was in a similar situation and when I got out man, and I'm my own spot I was so happy. I was just a really happy guy by far the funniest reply on Twitter was from Cole who decided to do this Story of the day the drama continued on Twitter Duke put out a tweet saying it's official I'm moving to Xbox next week Nate X replied saying please come so I can drop your ass off Duke of course had to respond to that tweet said let's link so I can smack this shit out of you in real life And if you guys ever seen Nate play ball in real life You'd know why that's funny and probably the funniest bit of drama that happened in the last week was Majestic put out this tweet and it was a photo of him getting 11th place on ruffles now If you don't know who majestic is he's a point and guard for he check gaming in the NBA 2k league Kobe Yusuf a player for the Raptors uprising You might have seen him in a couple vlogs reply to that tweet majestic put out saying you almost win in everything Tough unlucky, and he's actually referencing the NBA 2k league finals the heat check gaming made it all the way to the finals And they ended up losing to the New York Knicks gaming So first famous who's a manager for the heat check gaming responded saying Amazing coming from you Yusuf responded to that saying what did I almost went in and famous Notoriously responded a spot in season 2 Yusuf savages, man. At first it just sounded like a friendly battle, right? You know talking smack with your guys and then it escalated For our next story of the day on a more serious note Orlando in Chicago put out this tweet saying no one cares about me in this community I have no cloud anymore and work so hard to get to 99 just so someone else would hit it I'm depressed and was already taking meds. I really do feel like my career is over right now He later deleted the tweet and I don't really know if it's my position to come around here Broadcasting it to everybody else But I feel like it hits on a really important note that not many youtubers talk about and I feel like this is a fantastic Opportunity to do so now I'm not talking about the depression or anything like that in this specific circumstance Orlando was about to hit 99 overall and then someone took his account and so for a few days He couldn't get access to it So in his mind just imagine grinding like eight nine hours a day every single day for months Only to find out all that hard work is taken away from you you'd feel defeated and the reality is is he was he was trying To hit 99 so he can grind on YouTube and YouTube is a complicated place like it looks all glorious from the outside Right. It's like you're just uploading gaming content to thousands of people What could be so bad about that?  You don't take weekends off you every day is a day Where you're just working on something even when you're not uploading and of course the YouTube algorithm punishes you when you don't upload And so it's just the 24-7 grind all the time It's all you ever think about and for a lot of people it means that they end up getting burnt out on YouTube that on Top of all the toxicity people have to deal with you remember Orlando all the stuff He had to go through that whole bat beef He had with Nate X over the course of 2k 17 He didn't ask for none of it Nate X got banned and his fans were mad and they were just directing all the hate to this guy and I felt bad for him And to be honest no youtuber wanted to step in the way of that toxicity and so nobody bothered to help him out He just kind of had to take the hit for all the toxic things that was going on in his chat every time he tried to stream or his Comment section every time he tried to upload grinding put out a tweet just a few days later saying something to the similar degree What if one day I fall off and all of you forget about me, right? It's a reality that every youtuber kind of has to deal with it's like you might be on now But next year maybe not and sometimes it's not even controlled by the people watching is really just an algorithm that decides That's not it anymore. Well, I haven't really dealt with any of those consequences yet And I'm still kind of in grind mode I really feel for the people that do so just today at this date You only have to do it one time because it makes a huge difference. You wouldn't believe it. Just say something Random super duper positive to a content creator You enjoy watching because sometimes I'll get a comment on Twitter or on the YouTube or on Instagram And I'll just be like yo that really means a lot to me They'll tell me like what impact I had on their life or how much they enjoy watching the videos or how much they Want me to succeed and it means so much it literally makes my day And so you have no idea how much you can help someone out with a comment to a certain extent You're kind of immune to the toxicity because you get it so much, right? How many times people can call me a fridge protector before I get over the fact that I'm fat and I'm gonna have to deal with it But every once in a while it gets to you and you have your down days and you don't really know how to deal with it Just say something positive to somebody today, man Make a difference for our next story of the day Ladies and gentlemen more drama in the Twitter verse poor boys sin and swante we're going at it And I really don't know what the point of the argument was sin put out a tweet saying love How you can be a super tryhard in the fortnight community and not get called to no life once no matter if you known or not They actually show love and respect you for your skill swante responded saying 100% isn't true It's the same with all gaming look closer the situation kind of escalated since that you trolling or you stupid read my text I said fortnight community not all communities. Are you bored? So I mean this kind of went back and forth for a very long time until it started taking shots at each other's YouTube channels Sin said bro you pull views from crying.  It's never gonna change and neither is how Guys just use a little bit of grammar man. Just just try try and use some grammar help me out with these agent beam star Fantastic 2k drama alert episodes man I can't be doing 16 takes because you refuse to put a comment in there anyway That's they really just repeated that for like 15 replies Ladies and gentlemen, that's all there is for the drama today. If you guys missed the past episodes you want to catch up I'm gonna leave a link in the description and a card above if not click one of these two videos subscribe to the channel Just do everything man buy some stuff from my merch store a saying positive thing to another youtuber or or to me I'd appreciate that. I'm gonna catch you guys later on a side note. I'm really not depressed. I'm an incredibly happy guy I'm just saying I know a lot of youtubers that deal with it, so


You're watching News Made Easy. I am Anand Dev Chakravarti. Today I am going to talk about 30 years of free market lies. And what do I mean by that? I mean policies and propaganda which tell you that the free market, capitalism, pure naked capitalism, privatization, deregulation, these help everyone. Not just the rich, but when the rich get richer everyone prospers. And that's the only path for growth and for removal of poverty in a country like India. So what does free market policy ultimately boil down to? It boils down to saying that the public sector is bad and private sector is good. Why? Because in public sector, which is government led, what happens is that salaries are guaranteed. And when salaries are guaranteed, why should anyone work? If salaries are guaranteed, why should anyone work? Which is why government servants essentially sleep at work. They don't do anything. And what does that do? Productivity goes down, output goes down, costs rise and that leads to losses. So the public sector is inefficient and it causes losses and generally slows down growth. Now the exact opposite is told to us about the private sector where it said that the profit motive makes people work very hard. And what does that mean? The profit motive which means that the urge to make profits, it leads to higher productivity. It leads to innovation and it leads to reduction in costs, increases profits. And what happens when an entrepreneur or a business person makes profits, of course they're happy, but they spend a lot. They spend a lot of their money, not only on goods and investment also and that means that production rises because they are spending more. And when production goes up, what happens? More job opportunities, right? And that is why the rich do get richer but the rest also get richer because of what has been called trickle down privatization policies. Trickle down is used as a pejorative term. It's generally said that if you make the rich richer, the poor will also get richer. That is ultimately all the core of free market policies. And those policies have been followed first by Rao Manmohan in 1991 when it first became the key driver of India's economic policies. And then after, by every government, whether it is Mr. Atar Vihari Vajpayee, Manmohan Singh for 10 years and now Narendra Modi, Prime Minister Narendra Modi, they all broadly follow the same liberalization, privatization policies and say private sector is good. So, has the 30 years from 1991 to 2021, the deregulation, liberalization, privatization, globalization policies that we've seen, have they helped? The poor has this made, the average Indian richer has it made, everyone richer. Okay, here's the data and I'm going to take the data from the world inequality database and inequality has actually increased. The database clearly tells us and you can see it in these two lines. The red line is the bottom 50% in terms of income of India, right? And the data is from 1951 to 2021 as you can see 70 years after independence. And you can see that till about 1981, the first 30 years, what we can see is that the richest top one person, the richest one person, the share in total national income, the total income of the country actually dropped, right? And the share of the bottom 50% rose and that's what has been called the period of Nehruvian socialism, right? And then there was the Indira Rajiv period of 1980 to about 1989, 1990 and this period is when gradually liberalization started and you can see that the richest one person is actually slowly starting to creep up in this period at the bottom 50% as gradually dropping and then the 1991 Rao Manmohan reform start, post globalization, post reforms period, look at what has happened. The top, the bottom 50% have just dropped sharply, their share in total national income has dropped sharply and the bottom, the top 1% look at their share, the blue line, just shooting up straight up there as from 1991 to 2021, the last 30 years of liberalization that we've seen. Okay, now one could argue that, okay, this data looks fine, that inequality increased but who cares about inequality, where everyone is getting richer, okay, the rich might be getting richer and earning more faster, so inequality will increase, but the poor might also be earning much, much more. So this data will not tell us whether in absolute terms the poor have got, had it much better in post 1991, post reforms than it was before that. So let's compare it. So I'm going to take absolute income, right? It shows us that poor remain poor. Again, from the same database, we're going to see what happens and you can see this red line. There's been a rise in income for the bottom 50%, real income adjusted for inflation, but has 1991 made any difference before 1991, from 1951 to 1991, 40 years on an average per year, the real income of the bottom 50% was rising at 2.2%. What happened from 1991 to 2021? 2.3% increase, virtually nothing, virtually no difference. 1991, the epoch making, 1991, which apparently brought prosperity to India, made no difference to the real income growth rate of the bottom 50% of our population, and it should have been much more because years had been spent on creating a base for the economy and once you've reached a launchpad, after that growth was going to be faster. So there is no reason to believe that privatization, globalization, liberalization made any difference to the bottom 50%. They continue to be as poor as they were. What happened to the top 1%? And here, again, look at that graph and you can see that surge, right? You can see it because between 1951 to 1991, the top 1%, their income rose at the rate of about 1.8% per year. As I told you that their share in the economy dropped, so their rate of growth of real income was lower than the bottom 50%, right? Nehruvian socialism. After that from 1991, look at the growth rate, 6.4%. 6.4%. Let me put both of them on the same graph and you can see here, this time the red line is the top 1% and you can see that huge rise after 1991. But look at what has happened to the real income of the, that blue line that you see at the bottom, that blue line. You can hardly see it. Hugging the bottom, it's remained exactly where it is. Hardly any movement for the bottom 50% of India's population. Hardly any gains, virtually no gains from 1991's reforms from privatization. And so what we've seen is no real income growth and higher inequality. If there's no real income growth, let me tell you, inequality increasing is bad because it shifts the power to the hands of the very few. Power, democracy is affected by that. But we'll go into that in probably in some other show. You know, a lot of people argue that, okay, you can't really talk about this because in India, really no privatization took place, globalization didn't really take place. If it had, things would have been different. Even now the government is everywhere and things are very difficult. It's very difficult to start a business. Well, that's all true probably, right? So let's talk about the US, right? It's the same story in the US, which is the home of trickle down. The home of this private sector profit driven growth model, right? And you can see that it's the same story. Again, I'm going to look at the data from World Inequality Database. You can go there and this is a chart that they have put up. You can see trickle down has completely failed in the US. And there's an interesting thing here because from about after World War II ended, about 1945 onwards, the US government actually spent a lot and that is what caused a boom till about the mid-70s, right? And you can see that in that boom period, inequality reduced. The bottom 50% in the US, their income actually went up and the top 1% their income dropped pretty sharply. Not their income, but their share in national income dropped pretty sharply. 1980, we hear Reaganomics comes in, right? Deregulation, private sector gets full support and low taxes. Tax cuts which are supposedly going to help the entrepreneurs invest more, induce them to spend more. What happens? And you can see this exact same story as India just 10 years earlier because these policies came to India 10 years later from the West, right? These are Western policies which were brought to India 10 years after it took place in the US and UK. In 1980 onwards, you can see what happens. Reaganomics makes the rich much richer than before. Look at the growth rate. There's an absolute rise and the bottom 50% drop sharply to the bottom. This is the story of the US. It clearly tells you that free market policies hurt the poor. They have hurt the poor not only in India but in the US as well, the home economy of free market policies. So that is it. The 30 years that we've been facing this propaganda lies that free market policies help and even today they're being pushed onto you. All of you believe them and that is why we keep quiet when the government decides to privatize more and more and hand everything over to private capital. Just the top one person. Keep watching NewsClick. We'll be bringing you more of such data-driven stories every week. Thanks a lot for watching.


For more videos on people's struggles, please subscribe to our YouTube channel. Hello and welcome to People's Dispatch. Today we are joined by the Ayeshi Ghosh, or the president of Jawaharlal Nehru University Students' Union, which saw unabated violence on Sunday. So we'll talk to her about the whole violence and what should be the future course of action. So Ayeshi, my first question to you is when we are talking, we have seen that and in campuses across the country have seen violence. First we saw in Jami Amiliyah and Islamic University, then we saw in Aligarh Muslim University in Uttar Pradesh. Then we saw this brute violence in the heart of the capital. Now my question to you is how should we see this whole state of violence? See this new kind of pattern, it is clearly visible from the last one, two months we have been seeing that wherever which Indian campuses are coming out with voices of dissent against the policies of this government, there has been brutal attack on them, whether it's by the police, whether it's by outside people, Gundas getting into the university or by shifting the debates that are going in the Indian campuses about unemployment issues, about the divisive policies such as the Citizenship Act which recently came up or whether it's the question of fees in a university. Recently it was on a Sunday when we got to know that in Jami Amiliyah Islamiyah we saw brutal attack. Police entered the campus, fired tear gas, lathi charred students and they had to evict the hostel at the end of the day and that was the terrorizing images that we were getting from Jami Amiliyah where women were thrashed, students lost their hands in tear gas and all. So exactly something like that happened in JNU and now the context is why suddenly JNU? It's not a sudden thing, JNU I think so has been in the news in the past 70 days because of a reason. JNU from the 28th of October has been fighting for a cause that is the cause of our right to education, for free public education and exactly it was reaching a level when we were trying to tell and pressurize the administration that you have and now you have to have a dialogue because even the court is saying to end this log jam, to end this crisis you need to talk to the students and exactly on the 2nd of January I being the union representative the other three office bearers had also sent an official letter to the vice chancellor asking for a dialogue and we were supposed to have a meeting with the MHRD on the 6th with the MHRD secretary. So when all these things were happening and a call from JNU students union had already gone for boycott registration suddenly a framed organized attack happens on the students in within the campus where reports have also come that police has also largely charged some of the students who were returning from library later hours in the night. And we were witness to that violence. Yeah many of the media personals and journalists have been also saying that so exactly this is the horrendous situation that JNU today is facing that our university which is our home we are not feeling safe anymore in this university and why is the thing happening who is responsible the only responsible person is the JNU administration which includes which is headed by our vice chancellor Mr. Jagdish Kumar and I really want to say that he should accept that this is his failure that he has not been able to stop the violence perpetrated by outsider including people within the campus who have been involved in this whole framework. So actually the thing is came when we are talking about administration now we have reports in Indian newspapers which suggests that the chief doctor of the university was also involved in instigating this violence. Now this is quite serious given the fact that these people should have indeed taken action against the culprits. How do you see and you people have been accusing that administration has been facilitating this sort of violence. How do you see these reports? See certain WhatsApp images obviously I was in the hospital but later hours when I started next day taking late taking the media I saw that WhatsApp messages and screenshots coming out where people from the AVVP affiliated to the AVVP aware in a group which was trying having an planning and organized attack on the students in the campus and specifically targeting the left groups. So it clearly shows and one of them was a faculty from DU and one of them was our own chief proctor of the university and we know who the chief proctor he was the candidate from in the JNU students union election from the AVVP in 2004 and so we can't negate this fact and why I say this we can't negate this fact that an FIR has been done the what I have come to know as an FIR has been done on my name and the other JNU members. I want to know that how did this FIR happen when videos were circulated on the 4th of January those videos clearly had AVVP members instigating violence breaking hands of of union members one of them was Apeksha who is a council member of councilors and also of students level students from linguistic centers of masters whose leg was broken when such situations were happening why didn't the FIR have these AVVP activist name why is only the JNU people targeted in the FIR and we know that this is a biased way that the administration is moving that is what the JNU is saying that immediately we want an inquiry but before that what we want that for the situation which is horrific is the removal of the vice chancellor on immediate places as the chief proctor yeah obviously and whoever involved in this has to be removed right I see my it would be my last question and what I wish to ask is we are we are let's say listening we are seeing that couple of FIRs have been lodged let's say the police complaints have been lodged against you and other members right and this is unprecedented right we haven't seen this so why do you think that I mean these FIRs are particularly against the injured students and not otherwise see at this moment the JNU administration is continuously trying to somewhere shift the blame towards these students who were protesting from the last 70 days but we are very clear there was no such violence instigated by the JNU students union member and the JNU students union was continuously giving statements that in the campers we in the last 50 this is our 50th year of the university and we are continuously saying that the university stands for his democratic values and ethos and we should continuously focus on that we have led this movement successfully from the last 65 days and we know it how we have led it we went out we were brutally latte charged we came back we reorganized ourselves we again went out and we were clear about what we wanted we wanted the fee hike to be rolled back and that is what led the JNU administration desperate that they were not able to break the unity of the students and that is where they played it and we were telling students clearly that the administration will try to instigate violence to take advantage of this situation but we are very clear that this FIR has been framed just to malign the name of JNU today and we are not going to step an inch back and we are very clear about this because we are clear of the fact that we want the removal of the vice chancellor unconditionally immediately and the chief proctor who has been involved in all these attacks himself being in that WhatsApp group and also before an inquiry starts because if the vice chancellor is there they cannot be any kind of free and fair inquiry in this university I mean since we are talking I mean we have seen that JNU has been subject to this let us say scrutiny by the right wing propaganda for a long time right and let us say and when when we see this sort of propaganda right Indian Home Minister have also ordered an inquiry do you think that do you have trust in that inquiry see they suddenly have come out with enquiries but what the thing is that I want to ask the Delhi police was informed by the JNU students union I myself had texted the sh of the nearest police station that such incidents such kind of groups are already there in the campus why didn't the police take cognizance of the thing and take any step to intervene and ask the administration to take immediate precaution because the student representative have already informed them beforehand that such a thing is happening so now when the Home Ministry after such an attack has happened is suddenly coming and saying that an inquiry how do I believe that the inquiry will be fair why didn't the police Delhi police take an immediate step even not this incident to happen and instigate this violence when I was been taken out in an ambulance from the main gate the police told me why because an AVV activists were standing there and saying key like we didn't beat you up yesterday because you are saying this but you see what has happened it is exactly right what is happening to you they had the order city to say this in front of the police and my ambulance had to be taken from a different path so we can understand what is going on it is the clear nexus of the Delhi police who have been a mute spectator in all these things 24 hours passed the Delhi police couldn't even catch a single person couldn't even name a single person and what they are doing exactly is what the administration wants that JNU SU members are to be put behind the bus and exactly we are saying that these if i's are framed with a political agenda these if i's are been framed just to malign the name of JNU at this moment thank you Hashi for talking to us keep watching people stitch batch thank you for staying with us