Over at Danwei, Dror Poleg notices a resonance between Taoism and classical free market economics, with a deft change of one word in this passage from the Tao Te Ching:
The Market abides in non-action, yet nothing is left undone.
If kings and lords observed this, the ten thousand things would develop naturally.
If they still desired to act, they would return to the simplicity of formless substance.
Without form there is no desire.
Without desire there is tranquility.
And in this way all things would be at peace.
I think Taoism does have some similarities with various strains of libertarianism: better to have less government regulation of the market, and life in general, than more. But there are limits to the analogy. What would Chuang Tzu have to say about giant corporations that dominate markets? I would bet that he would be skeptical of the possibilities for full expression of one’s unique qualities, or integrity (the Te of the Tao Te Ching), in a globalized world market. He would also scoff at the fetishism of commodities (a good, old-fashioned Marxist notion), through which we define who we are by the things that we buy and consume.
So, yes, the Tao embraces free markets, but it also rejects the concentration of capital and conspicuous consumption.
Leave a reply to Sam Cancel reply