411A is quite right.
Nobody holds a gun to your head to make you work for Ryanair et al for subsistence money. I would think that any half-intelligent person would never consider a job where they have to beg for food (especially if they have a family).
This nonsense will continue as long as pilots allow it.
There may not be a pilot shortage at the moment, but there might be one in Ryanair if their pilots ever develop a backbone...