Contractarianism Vs Social Contract Theory

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1. Contractarianism or Social contract theory states by Vaughn that the morals arise from a social contract for self-interested and rational people to follow in order to maintain peace, prosperity, and safety. The goal of Contractarianism to make the society more of a livable place, instead of a dog-eat-dog work and everyone being egotistical and only helping themselves out. The social contract makes this a valid theory because as long as everyone agrees to obey practical and beneficial rules.

Plus: Provides an answer to skeptics and relativist who question whether morality is objective or consists of a set of beliefs we are willing to accept.
Minus: The social contract is hypothetical not binding, few people have actually consented to