Well, we don't know for certain how the modern world would change if suddenly all laws were suspended everywhere... but I would imagine that the end result would be a ruling class who establish and maintain their position through violence (or the threat of violence), who then keep everyone else more or less subjugated, not as far as them being slaves, but a careful balance so that people have at least a basic standard of living, so that they would have something to lose if they rose up in rebellion. It is if someone has nothing to lose that they become a threat. Give them some minor token, something small to lose, and they can be managed quite easily.