It's one reason why space should be regulated (but globally / internationally), the systems in place are kinda loose and more of a gentleman's agreement insofar as I understand it. A plan for decomissioning / de-orbiting stuff should definitely be mandatory. I know there's an area for geostationary sattelites to park themselves after their lifespan, for example.

But the LEO ones like Starlink will see their orbit decay in about five years (if I'm reading things correctly) even if they run out of fuel / can no longer be controlled, according to e.g. https://space.stackexchange.com/a/59560. But it's exponential, at 600 km it takes 10 years, at 700 25 years, at 800 100 years, etc. Between 500-600 km seems to be ideal for things to naturally decay in case of issues.

But also, it won't be a hard and fast "we are confined to the earth now"; the simplest model is a "the risk of being hit by debris is now x%", more advanced is "there are debris clouds in these altitudes / inclinations so best to avoid those at these times of day".

Given that the previous world police are presently treating international law as toilet paper, how do you propose global regulation of space would work or be enforced?