That’s all or nothing thinking. The immediate alternative is to improve working conditions for moderators. Or impose more stringent bans and punishments on those who post that sort of material. Those are just for starters.
The Market Police don’t haul you off if you pay something different than the “market wage.” Markets set a floor on wages by making it so you won’t get enough workers if you pay less. But companies can easily pay more than the floor if they want to. Obviously they don’t want to, because they love money, but it’s ridiculous to frame this as some iron law of markets.