"Didn't save up? You lose your business. Either it goes under or you sell it at fire-sale prices to somebody who has the assets to keep it afloat until things stabilize (possibly the government)."

In this scenario a wealthy person who owns a business can simply keep their business afloat with their personal money, whereas someone with a more modest financial situation would go bankrupt and be forced to sell at pennies on the dollar to...someone who happens to be sitting on a pile of cash. That clearly leads to a consolidation of capital in the hands of the wealthiest people, which most people would consider to be a bad thing. Plus, more rural communities in general are a lot more dependent on middle class small business owners, many of whom are likely already struggling even before a crisis do to a stagnating local economy.