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It cuts both ways in this theft copyright piracy debate.
When we purchase an ebook it is not really a purchase but a license to use the text in certain ways defined in the license agreement. I have no issue with this but as long as that is the defined "purchase" terms it makes it difficult to ascribe the full meaning of theft to the act of illegally acquiring the text under question.
What I am try to say is that with the sale being devalued by the license then the theft must be devalued by it as well. What was offered was less than a sale then what was taken must also be less than the theft would normally be. You cannot have it both ways.
Having said that I would not personally pirate/steal a book.
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