Self-interest

Philosophy May 02, 2025
Quick Definition

Self-interest, at its core, is the pursuit of one's own well-being, happiness, or advantage. This can encompass a wide range of desires, from basic survival needs to more complex aspirations like self-esteem, recognition, or fulfillment. It's a natural inclination, often considered a primary motivator for human behavior.

Philosophical discussions of self-interest often grapple with its relationship to morality. Some argue that acting in one's self-interest is inherently opposed to ethical behavior, while others contend that self-interest can be compatible with, or even conducive to, moral outcomes. This debate forms the basis of many ethical theories.

Egoism is a philosophical position that emphasizes self-interest as the foundation of morality. Ethical egoism argues that individuals should act in their own self-interest, while psychological egoism posits that individuals always act in their own self-interest, even when appearing altruistic. These views are often contrasted with altruism, which prioritizes the well-being of others.

The concept of rational self-interest plays a significant role in economic theory. It assumes that individuals make decisions based on a logical assessment of their own benefits and costs, aiming to maximize their utility. This assumption is used to model market behavior and predict economic outcomes.

However, the interpretation of "self-interest" is not always straightforward. It can be narrowly defined as immediate gratification or broadly understood to include long-term goals and the well-being of loved ones. The scope of what constitutes "self" is also a subject of philosophical debate.

Historically, philosophers like Thomas Hobbes argued that self-interest is the primary driver of human behavior and that social order is maintained through a social contract that serves the self-interests of all individuals. Adam Smith, in his work on economics, also emphasized the role of self-interest in driving economic prosperity through the "invisible hand" of the market.

Critics of an overemphasis on self-interest argue that it can lead to social inequality, environmental degradation, and a lack of cooperation. They propose alternative ethical frameworks that prioritize collective well-being and social justice. The tension between individual self-interest and the common good remains a central theme in contemporary philosophical discussions.

Ultimately, understanding self-interest in philosophy requires examining its various interpretations, its relationship to morality, and its implications for individual behavior and social structures. It is a complex and multifaceted concept with profound implications for how we understand ourselves and the world around us.

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Curated by

Glossariz

Chinmoy Sarker
Proofread by

Chinmoy Sarker

Did You Know?

Fun fact about Philosophy

The Ship of Theseus thought experiment explores identity: if you replace every part of a ship, is it still the same ship, or a completely new entity?

Source: Glossariz