Another tidbit from the video "If I instead had 10000 Nintendos sitting in a warehouse somewhere and someone stole 1 of them, wouldn't really cause me a lot of distress or pain"
The main problem with this line of reasoning, and heck, the entire act of trying to weaken "stealing" in general, is that the overall result is that you now have more than 1 person stealing a nintendo. In fact because of the internet, things going viral, you might even have a double digit percentage of those nintendos, being stolen.
We build up and break down societies rules by things we do every single day. The more we break them down, the more we see crap happening. If everyone stole every nintendo, well, Good bye to Zelda in general. That company won't want to even make that game.
I totally agree with the part of the video that argued people so poor that they can't eat that it would be basically justified for them to steal bread at a large business. I think however it would be even better if that person tried to find as many legal options to do that instead. And in general, tried to get a job. If they're still capable of stealing, they can probably do a job somewhere. But yes, at the bottom, steal the loaf of bread, but don't stay there forever.