I wanna make this post and argument in good faith but I don't think loli equates to pedophilia (unless its stated directly otherwise in the source).
My main argument for this being that for the same reason that murder in video games isn't viewed as the main perpetrator for murder in real life, lolicon isn't really a perpetrator for pedophilia.
There is a deeper underlying issue that people should address within their mental health and what is wrong with them to result in real life tragedies being able to prevent them.
I also am a fond keeper of consistency so having observed people defend murder in video games and media while being against loli in fictional media doesn't sit right with me. In fact, I have seen people actively endorse real life murder and get away with it scott-free which is fucked up (these same people think that people should get in jail for beating it to shortstacks).
Like, I will come off as honest and say that loli's make me hard as fuck and I jerk off to them very frequently. But I have never seen a child in person and thought about deflowering her, it disgusts me. I am not making this to be pretentious either, It's legitimately heartbreaking and stressful to see a child in agony and pain.
I also had cousins who I looked after when their parents were off to work who were a solid 10-15 years younger than me but I never even had the notion to do anything vile to them. I literally couldn't force myself to make myself to, I love them in a non-romantic way and treat them like little sisters whom I would give them everything in the world to keep them happy.
Loli's on the other hand are just fictional figures who have a body-plan that women can have and don't act the part of a child, they're fictional and not realistic. A hentai doujinshi where the loli asks for sex doesn't seem very realistic to me.