"...property rights don’t apply and ... markets can’t be created. " - Andrew Orlowski.
They do apply, whether or not enforcement is pursued with the hot-bloodedness it deserves.
Having read and enjoyed the article, I'm going to do this dumb thing of writing a short list by way of response, for want of energy to do better:
1) we should hold the ISPs liable, bring in criminal liability, make them spend 5% of their revenues on hiring coders to squash stolen IP data transfers.
2) as per the CD and cassette tape, there should be MASSIVE, and retrospective compensation to the creative industries (film, music), from the digital businesses which have received money which would have gone on paying for content.
3) people need to stop fooling themselves there's anything OK about IP theft - there needs to be a consensus argued for and built up, that it's really destructive.