How does the Social Contract Theory address the problem of conflicting interests?

The Social Contract Theory addresses the problem of conflicting interests by proposing that individuals voluntarily enter into a social contract or agreement with one another to establish a society. According to this theory, individuals give up certain freedoms and rights in exchange for the protection and benefits provided by the society.

In the context of conflicting interests, the Social Contract Theory suggests that individuals agree to abide by a set of rules and laws that are designed to promote the common good and resolve conflicts. These rules and laws are established through a collective decision-making process, such as democratic governance, where individuals have a say in shaping the rules that govern their society.

By voluntarily entering into this social contract, individuals agree to prioritize the common good over their individual interests. This means that conflicting interests are addressed through a system of laws and regulations that aim to balance and reconcile different interests within the society. The social contract provides a framework for resolving conflicts and ensuring that the interests of all individuals are taken into consideration.

Furthermore, the Social Contract Theory also emphasizes the importance of justice and fairness in addressing conflicting interests. It suggests that the rules and laws established through the social contract should be based on principles of fairness and equality, ensuring that everyone is treated fairly and that their rights are protected.

Overall, the Social Contract Theory provides a framework for addressing conflicting interests by establishing a system of rules and laws that promote the common good, prioritize justice and fairness, and allow for the resolution of conflicts through collective decision-making.