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I guess you've taken their ability to earn some cash from you (and possibily others if you are sharing on a torrent site). Although as others have stated you might never have bought the book anyway.
Personally I think we are in the law of unintended consequences territory. A friend of mine never pays for anything entertainment wise because of downloads and freely admits he would pay if he had to. Others feel they are forced to it or use it as a previewing service and are often spending much more than the average on media consumption as a result.
It is hugely prevalent though and it seems daft to criminalise large parts of the population for an activity which they regard as perfectly normal and harmless.
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