By the requirements you have listed a great many people are sociopaths. I believe it to be another case of a P.H.D. back in the day Taking a rather gruesome person looking at their relative traits and then listing them as the symptoms.
Well, again, the DSM doesn't work like that. It isn't a list of things that if you have, that means you must be this and that disorder. All of the criteria have to be of a significant seriousness that it causes disruption to "baseline" life. So, someone who hears voices isn't necessarily schizophrenic or in a psychotic episode. The voices have to be disruptive and of a duration. Someone hearing voices that tells them they're popular, attractive to others, powerful and an all-around nice person aren't being disruptive... Unless the behaviour that results from those voices are disruptive. On the flip side, a voice that tells them teh CIA or MI5 are coming to kill you in your sleep, and therefore, the client never sleeps, that would be an indication of a mental health disorder.
Mental health works just like physical health or car mechanics. People tend to not go to either unless there's something causing significant disruption to the "baseline" of life or the car.
So, looking at the criteria for AsPD, all of them would require not just a single instance of bad behaviour, but an ongoing pattern that is disruptive to the person's life. Simply running a red light or punching a guy int eh face at a bar doesn't meet Criteria 1.
Also everyone has the potential to do terrible things the exact same way as a "Sociopath" does they are just pushed far enough over to actually do it.
True. We all rationalize. We all have employed deceitfulness. And you're right, we all have the power to do terrible things. What makes a 'sociopath' different from 'normal' is that their "tipping point" between socially normative behaviour and socially aberrant behaviour is set much lower than 'normal' people.