This opens up the door for horrendous abuses to powerless citizens. Books and movies have been made in the past about these types of themes.
Simon Legree is a developer and he basically owns the city council, or board of supervisors. He sees a chance to make a ton of money but a key piece of land he wants belongs to the widow Brown, who has two young children. No problem. He gets his buddies to seize the property and he pays very little for it. The widow Brown is left without her house and land, and Simon Legree and his bought-and-paid-for politicians get wealthier.
How does this compare to what the English did to the early American colonists?