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My comprehension of IP law is fine, thank you very much. Nowhere in my post I said we shouldn't compensate the authors for their hard work nor I'm saying piracy is right, I'm just arguing that copyright infringement /= stealing. The fact that a million people illegally copied a song I made and license at $1, does not mean that I automatically lost $1,000,000, I still retain the ownership of the song and I still can sell licenses of it to other people. It sucks that not everyone paid for my work and sure as hell I'm gonna be pissed at them, but my bank account will still have the same amount of money that I had before.