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People will seek out the highest-paying jobs, and these benefit society most the people pursuing self-interest benefit society.
Why and how is Self-Interest Important?
Adam Smith believed that self-interest is essential for the motivation of people it promotes economic rivalry and inspires people to work hard to maximize their advantages.
The greatest benefit to society is brought about by individuals acting freely in a competitive marketplace in the pursuit of their self-interest.
A situation that benefits society as a whole, one that makes the best use of resources and equally distributes goods and services to all the citizens, is one in which self-interested decisions advance societal interest.
Adam Smith believed that if producers and consumers both are allowed to make their own decisions, the outcome will be better than one created by a government plan. The famous line from Smith's The Wealth of Nations is often referred to as the "invisible hand."
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