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I guess I'll have to come to Stonetool's aid here. (JC and the boys, who've thunk it?)
He's equating the number of books available with royalty base (author's payment). That certainly is one way to measure. In the used/library connection, for somebody to read book X, nobody else can read that copy at the same time. The reader does not have a copy to open at any time, day or night, in perpetuity.
With an copy infringed e-book, somebody does have that e-book to read, any time, day or night, in perpetuity.
That's the difference.
(This post is not to take sides, just to clarify what each side is saying.)
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