What does “public interest” mean in the context of policy-making?

In the context of policy-making, “public interest” refers to the welfare of the general public and society as a whole. This concept emphasizes the importance of creating policies that serve the needs and well-being of the largest number of people, rather than focusing on the preferences of a select few or special interest groups.

This understanding is critical because it serves as a guiding principle for policymakers who seek to create laws and regulations that benefit the broader community, promote social justice, and protect public health and safety. By prioritizing the public interest, policymakers aim to foster inclusive and equitable outcomes that consider the diverse needs of all citizens.

Focusing on the welfare of the general public ensures that policy decisions are not swayed solely by the will of politicians, influential stakeholders, or individual businesses, which may have conflicting interests. Instead, it promotes policies that aim for the greater good, balancing various factors to achieve the optimal outcome for society.