The idea signifies that the legitimacy and moral right to use state power is only justified and lawful when derived from the agreement of the people over whom that power is exercised. It essentially posits that a political entity’s authority stems from the willingness of the population to be governed. For example, elections in a representative democracy where citizens vote for their leaders illustrate this principle in action; by participating in the electoral process, citizens implicitly agree to be governed by the outcome.
The concept holds immense significance as a cornerstone of just and equitable governance. It prevents arbitrary rule and promotes accountability within the ruling structure. Historically, its adoption has led to increased stability and prosperity by fostering trust between the population and those in power. Regimes adhering to this concept are generally more responsive to the needs and desires of their citizenry, leading to improved public services and greater social welfare.