The Social Contract According To John Locke
by Miles Kimball, Confessions of a Supply-Side Liberal
There are many different versions of the notion of a social contract. A common description of the social contract is that people give up some of their rights in order to get the benefits of living in civil society. For example, the current version of the Wikipedia article “Social contract” says:
Social contract arguments typically posit that individuals have consented, either explicitly or tacitly, to surrender some of their freedoms and submit to the authority of the ruler or magistrate (or to the decision of a majority), in exchange for protection of their remaining rights.
Source: http://econintersect.com/pages/opinion/opinion.php?post=202107080241
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