Well looking at the policies they are putting in place I predict:
Everyone will end up on "benefits"/universal credit which replaces minimum wage. As soon as DCs leave school they join a workfare program working for a private, profit making company and claim universal credit, the minimum the government has decided we can live on without dropping dead.
Some people drop dead.
Healthcare is only available if your parents are rich. Rich people dont work, they are "capitalists" living off their capital.
The law is only for the rich who can afford a lawyer.
The rich get richer and richer as they don't have to pay wages/taxes etc. (the Tory dream)
The people get pissed off and revolt and chop all the rich peoples heads off, aka guillotines.
Oh no wait, that's the history books.
This time I think people riot and revolt (already happening) hopefully things go back in the right direction... umm 