No, it puts all candidates on a level playing field. "People" do not have ANY power as it stands right now. Corporations and billionaires like, oh, say, the Koch brothers and their "tea party" (http://www.theglobeandmail.com/news/world/how-billionaires-bagged-the-tea-party/article1695897/) have vastly more influence than "the people". The NRA wouldn't be able to buy senators, pressure groups and lobbyists would be crippled, the Mormons wouldn't be able to buy elections in California to enforce their hatin', and maybe "the people" would get to have a say in government again.

Also, maybe our elected officials wouldn't have to spend 90% of their time in office attending rubber-chicken fundraising dinners, they could get back to work. That'd be nice.