Digital analogies to theft rarely are good, but this one is passable. The main point is that this license grants software freedoms, but then doesn't do anything to protect it - thus enabling middlemen (like most of us devs are, for most software we write!) to immediately strip those freedoms away.

Proclamations of rights aren't really useful if they don't have means for enforcing those rights are not taken away.

I wasn't using it as an example of being deprived of property, but as an example of how infringing on other people's freedoms leads a system to be less free than one that doesn't.