I've read the arguments about high prices, excessive profits and poor products. But I don't think any of them gets to the root of this issue. Lots of stuff is overpriced, many products are poorly made, and the recording industry is not the only one that makes alot of profit.

The difference between books/music/software and all the other products for which such claims that can be made is that the chance of getting caught stealing books/music/software is very small. That's why people are willing to steal digital products and not others. It's not the price or the profits or the quality; it all boils down to not getting caught.

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A nation of slaves is always prepared to applaud the clemency of their master who, in the abuse of absolute power, does not proceed to the utmost extremes of injustice and oppression.
Edward Gibbon