The public interest approach is a perspective or framework that prioritizes the welfare and well-being of the general public in decision-making processes.
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It emphasizes policies, actions, and regulations that aim to promote the common good and benefit the majority, rather than serving the interests of a select few.
In various domains such as governance, law, and economics, the public interest approach guides policymakers, legislators, and organizations to make decisions that prioritize societal well-being. It takes into account factors such as social justice, equitable distribution of resources, environmental sustainability, public health and safety, and the protection of individual rights and liberties.
The public interest approach serves as a counterbalance to narrow self-interest and seeks to ensure that decisions and actions are aligned with the broader public’s interests rather than favoring powerful individuals or specific groups. It is closely tied to concepts of democracy, social responsibility, and the common good.