In that particular emergency, the control surfaces prevent it from gliding. You can even have issues on a Cessna - loss of elevator is not fun.[1]
It's not about "denying physics", it's about having insufficient redundancy[2] and improper amount of control from MCAS - 3 times more than the FAA approved: [3]
No plane is 100% safe. Boeing made this one worse for the sake of saving money - the physics work out just fine, and gliding ability is not really impacted. (But I don't think it'd be a normal response - I can't imagine a pilot thinking "oh, I'm getting a stall warning with nose down at 4,000 feet, I know, I'll cut power and glide".)
[1] https://airfactsjournal.com/2018/12/elevator-failure-at-4500...
[2] https://www.seattletimes.com/business/boeing-aerospace/a-lac...
[3] https://www.seattletimes.com/business/boeing-aerospace/faile...
In both crashes, one of the two Angle of Attack sensors was incorrect. Boeing only use one AoA sensor per flight (alternating for some bewildering reason), and in this particular flight it was constantly incorrectly stating the plane was nearing a stall. So MCAS would continually kick in until the Pilot could no longer keep the plane in the air.
That tendency also exists on Classic and NG 737's, and is something pilots are trained to compensate for. The issue with the MAX is the degree of this tendency changed. MCAS was meant to emulate the old (less severe) behavior.
https://www.wsj.com/articles/faa-saw-737-max-flight-control-...