Laws will be passed that make it easier for rich people to stay rich. Banks will face difficulties, but they will be bailed out by governments. Citizens will sense that something isn’t right, so half of them will blame one political party and the other half with blame the other.
Regulatory agencies will be staffed by people who used to work in (and still have lots of friends in) the industries they’re supposed to regulate. So it won’t work very well. Citizens will sense that something isn’t right, so half of them will blame one political party and the other half with blame the other.