Ahoy there, mateys! I be here to say that I be leaving Netflix. They be raising their prices too high, and they be taking away all the good shows. I be sailin' the high seas for my entertainment now. Arrrr!
Torrenting is just choosing the most convenient distribution mechanism for data that you own. You can buy DRM-free music, but not DRM-free shows or movies unless they're bound to physical media. The reasons why have to do with backdoor meetings and lobbying by the MPAA, and I don't care much about them. And Netflix expects me to own nothing and be happy while leasing tenuous network access to compressed streams of content by paying indefinitely. Cute.
I think it's funny they got us to implicitly condemn solving their greed-based distribution problem with a term as hyperbolic as "pirating" though. They want to remain in meatspace, where the old economic model makes sense -- scarcity, wear and tear, manufacturing costs per unit, so they try pretending we're all still there in cyberspace by guilt tripping us with meatspace vocabulary.
Also: "Piracy" might be a bad term for the act of uploading and downloading something for which you do not have the rights to do so since it is indeed different than physical piracy, but "torrenting" is not an improvement, since torrenting _can_ be completely legal, depending on what content is being uploaded and downloaded. I think it's useful to have a term that specifically refers to the illegal act. I haven't heard of a good popular term for this yet, so I'm OK with using "piracy".
Explaining a painfully obvious joke destroys the joke, even when it was painfully obvious in the first place.
Also for all the injustice in this world, you getting so offended on Netflix's behalf regarding this is kinda mindblowing, you must be giga privileged.