Of course it's privacy as well... No one is condoning exhibitionism.
And as far as the bolded, that isn't true. Have you ever heard of the mob rule? A group of people, even a majority, can't take the liberties away from the minority. Slavery, anti-interracial marriage laws, women's sufferage, etc... were all agreed on by the mob, but thankfully, through progression... the hypocrisy was overruled. A constitutionalist could read the constitution and agree with my statements.