alt Hacker NewsIt's an improvement for the economy and that mainly benefits the shareholders. How you redistribute those gains more broadly is an open question. But keeping inefficiencies in place to protect workers at all costs is a losing strategy in the long term - see: Soviet Union.
Unsurprisingly, people in different parts of the world hold different values. Europe is generally more focused on actual people and how their lives live, than simply accumulation of wealth among the few. It is unsurprising that they focus on different things.