Stocks are there just for rich people to make money from nothing. Maybe we should think about not having stocks at all. Just real life economy based on actual reality. Some people are already in panic about economy, but why? Most people still have jobs, or if they lose their jobs they can get new ones. Jobs don't just disappear, they will be there. Some people will also have more money, not less, because they don't spend it to vacations and other stuff like that. And, even this is terrible thing to say, in theory there will be more open jobs, because people will die.
The stock market is an artifact that is used in order to gather funds for big, big projects and operations, without having to ask for big loans to a bank. Thus, you can capitalize the firm by offering participations/shares of it to investors rather than having to sell your soul to some banking cartel. It is done all the time in "real life" when Joe needs to open a shoe workshop and does not have the money, so he joins up with Jack and they set workshop together.
Also, people are in panic because in many places, lockdown orders are preventing people from working. That is, they are prevented from producing necessary goods. Most important, they are prevented from making a living. As I said on other thread: try to live 5 months without a job in some places.
You answered that a socialist State will take care of you if you have it. Fine. But your socialist State can only last for so long if activity is frozen. If factories are closed and necessary goods are no distributed, you starve, no matter the color of your government.
Jobs will be there after the crisis, yes. But you first have to survive the onslaught.
Good luck with that.