No. It is to flatten the curve, i.e. to get infected slowly and manageably, in order to minimize peak ICU admissions. This will minimize deaths. If you fuck up initially, like China and Italy, by severely underestimating the problem, you're forced to shut down everything for a bit, but in the end everyone will be doing the same thing - shutting down some things to control the infection, not try in vain to "stop" it.