Sure, those guys get to keep their jobs, and we as a group don’t have to dole out unemployment benefits to each of them. Some would choose to never work again, but most will find work and will go on to remain productive members of society.
The alternative is that all of us are forced to purchase more expensive goods forevermore because of government control of the means of production. What is that called again?
The burgeoning welfare state is the current price we pay for globalism. Total loss of national sovereignty to follow.