People would do bad things. It's probably just become a very primitive society where the most dominant and strong win because they can defend themselves and do what they want. Isn't law an amazing thing, though? Instead we're all subject to the same laws and thus, no one gets steamrolled. Well, at least that's the idea behind it. I'm not going to say that cops don't try to protect super rich people, if ya know where I'm going with this...
it would get created
There would be chaos for a little while, then we would self-organize and make laws again.
everyone goes crazy and the world goes to ****
Anarchy. You have to defend yourself, your family, and property through force.