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Because people who illegally download files are still getting to enjoy the content without compensating the creator or publishers. The only legal way to do that is to check it out from the library (who bought the copy, or received it as a donation).
It's not as morally wrong as say shoplifting a paper book as you at least didn't deprive anyone of a physical copy that then can't be sold to someone else.
But you still enjoyed someone else's hard work without paying for the right to enjoy it, and that's what "raises my hackles." If the author wanted people to enjoy it for free, it would be a free e-book.
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