Politicians are unlikely to because they can better relate to white collar criminals than the poor.
The only solution to this is electing more people from diverse backgrounds (inc. class, race, gender, etc), but unfortunately money is extremely effective at winning democratic elections, and those who have it aren't from a diverse background.
>Politicians are unlikely to because they can better relate to white collar criminals than the poor.
It also has something to do with plausible deniability and inability to prove intent with white collar crimes.
How would you be able to prove someone intentionally mis-valued assets? Cut costs specifically to bolster one's own income and not benefit the other shareholders? Hired someone in exchange for a favor or possible future favor? Fired someone for stepping out of line?
Plausible deniability is also the reason for "productive" in person lunch meetings and golf outings. Not that there aren't other positive aspects of in person conversations, but lack of a permanent record is one of its aspects, and can easily be used to cause harm.
The only solution to this is electing more people from diverse backgrounds (inc. class, race, gender, etc), but unfortunately money is extremely effective at winning democratic elections, and those who have it aren't from a diverse background.