Two phenomena have been recently utilised to explain conflict onset
among rational choice analysts: greed and grievance. The former
reflects elite competition over valuable natural resource rents.
The latter argues that relative deprivation and the grievance it
produces fuels conflict. Neither the presence of greed or grievance
is sufficient for the outbreak of violent conflict, something which
requires institutional breakdown, which we describe as the failure
of the social contract. The degradation of the social contract is
more likely in the context of poverty and growth failure. We
provide a synthesis of the greed and grievance hypotheses.