Lögfræðiríki

Lögfræðiríki is an Icelandic term that translates to "rule of law." It describes a society where everyone, including the government, is subject to and accountable under the law. This principle is fundamental to modern democratic states and ensures that power is exercised fairly and predictably. In a lögfræðiríki, laws are transparent, applied equally to all citizens, and enforced through independent courts. The judiciary's role is to interpret and uphold these laws, acting as a check on the executive and legislative branches. This concept emphasizes the importance of legal certainty, protection of individual rights, and the prevention of arbitrary rule. It signifies that governmental authority derives from and is limited by law, creating a stable framework for social and economic activity.