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this post was submitted on 15 Oct 2023
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chapotraphouse
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To add to what you've said, the classical economists can ultimately trace their economic theory back to Confucius via the physiocrats. The chain is Confucius -> Confucians during the early Han dynasty -> Francois Quesnay -> Adam Smith -> David Ricardo -> Karl Marx. Also, laissez-faire is just the physiocrats translating and applying wuwei to state involvement in economics. Wuwei, however, has far more application than laissez-faire and means different things depending on the Chinese school of philosophy (Confucian, Daoist, Legalist).
Also, laissez-faire is just the physiocrats translating and applying wuwei to state involvement in economics
This is kind of interesting
Because Laissez-faire vs State intervention was already a debate in Ancient Chinese empires.
https://en.wikipedia.org/wiki/Discourses_on_Salt_and_Iron
To the point of Daoism, it is kind of interesting that the ideology basically involved into Mohism, Legalism and Confucianism with the latter basically just out right copy the 2 formers. The case of Daoism fusing with Legalism (a kind of totalistic ideology) basically created Foucault's Panopticon