Bastiatian Thought Experiment No. 3

Imagine a world whose inhabitants generally, if not always consciously, believe that the whole of morality boils down to a single precept - size matters - from which it follows that an act of robbery committed by a few becomes an act of social virtue when committed by many, that an act of counterfeiting performed by an individual becomes an act of financial prudence when performed by an "institution", and that an act of murder committed by a person becomes an act of heroism when committed by "society". Now ask yourself a question: how would such a world look like and how would it differ from our world?