Everyone forgets the workers are taking a risk too. "Just get a new job" doesn't fly in a recession. It doesn't fly when your new boss engages in tax evasion and fucks up your SS/Medicare. Or you just walk into a buzz saw of toxicity and harassment.

We treat a business going under as a tragedy for the owner, but the workers are out of a paycheck too. And hey the owner can always get a job; no matter how far down they are, the bankruptcy courts will let them keep enough for rent/utilities/bills. So they aren't actually taking anymore risk than their workers.