It is illegal and immoral. It steals the rightful intellectual property of directors and developers who are only trying to make a living. If you want to be a thief so badly, then rob a federal bank.
Define a "living". then tell me who isnt making it. Piracy is self moderating, the content that is being pirated the most involves directors and developers that made the most money, even with the piracy. As you go smaller in scale to creators that are more likely struggling to make a living, are also the least likely to be pirated. Every artist Ive known, digital arts, music, tubers and streamers, have hated copyright strike systems. The ones that are popular enough to have pirates also have comfortable income from fans. There is no one being prevented from "making a living" by piracy.
It becomes universal knowledge which is what we should all strive to achieve, the right way. When the copyright expires, time is up for any gatekeeping of inspiration.
Im asking what specific item do you remember entering public domain? The creator of the Lord of the Rings died in the 70's and his work is still under copyright.
All theft is wrong, but it is much less sad when someone steals a diamond from Jeff Bezos than it is when someone steals a loaf of bread from someone who is starving.
I agree with what you're saying, it could be argued that it's wrong that the starving guy needs to steal in the first place, but that's probably semantics.