Smith's theory of social behavior

Smith's theory of social behavior, often associated with the work of social philosopher Adam Smith, suggests that human interactions are driven by self-interest and the pursuit of personal benefit. However, these pursuits often lead to positive social outcomes, as individuals inadvertently contribute to the greater good through their actions. By seeking personal gain, people engage in trade and cooperation, which fosters community and economic progress. This perspective highlights the interplay between individual motivations and collective well-being, suggesting that self-interest can lead to social harmony when guided by ethical considerations and mutual respect.