Self-interest generally refers to a focus on the needs or desires (interests) of one's self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action. Individuals may have a self-serving bias towards their self-interest.
Philosophical concepts concerned with self-interest include:
Enlightened self-interest, a philosophy which states that acting to further the interests of others also serves one's own self-interest.
Ethical egoism, the ethical position that moral agents ought to do what is in their own self-interest.
Hedonism, the school of ethics which argues that pleasure is the only intrinsic good.
Cyrenaics, the Aristippean pre-Socratic original.
Epicureanism, a philosophical system related to hedonism.
Individualism, a philosophy stressing the worth of individual selves.
Rational egoism, the position that all rational actions are those done in one's self-interest.
Legalism is a Chinese political philosophy that holds that self-interest underlies human nature and therefore human behavior. It is axiomatic in Legalism that a government can not truly be staffed by upright and trustworthy men of service, because every member of the elite—like any member of society—will pursue their own interests and thus must be employed for their interests. It contends that even acts of virtue are intrinsically mercenary, driven by self-interest, like the pursuit for a life of morality in the hopes that the resulting reputation will be convertible into abundant benefits or riches.
In Legalism, a regular pattern of the natural world is that the basic nature of human beings comprises a set of interests that are primarily self-regarding and not amenable to cultivation, morally or otherwise. Therefore, Legalists argue that political systems are only viable if it allows individuals to pursue their selfish interests exclusively in a manner that benefits rather than contradicts the needs of a state.
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Rational egoism (also called rational selfishness) is the principle that an action is rational if and only if it maximizes one's self-interest. As such, it is considered a normative form of egoism, though historically has been associated with both positive and normative forms. In its strong form, rational egoism holds that to not pursue one's own interest is unequivocally irrational. Its weaker form, however, holds that while it is rational to pursue self-interest, failing to pursue self-interest is not always irrational.
Psychological egoism is the view that humans are always motivated by self-interest and selfishness, even in what seem to be acts of altruism. It claims that, when people choose to help others, they do so ultimately because of the personal benefits that they themselves expect to obtain, directly or indirectly, from so doing. This is a descriptive rather than normative view, since it only makes claims about how things are, not how they “ought to be” according to some.
Selfishness is being concerned excessively or exclusively, for oneself or one's own advantage, pleasure, or welfare, regardless of others. Selfishness is the opposite of altruism or selflessness; and has also been contrasted (as by C. S. Lewis) with self-centeredness. The implications of selfishness have inspired divergent views within religious, philosophical, psychological, economic, and evolutionary contexts.
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