Market Relations as Wuwei: Daoist Concepts in Analysis of China's Post-1978 Market Economy

This paper shows how wuwei (effortless action) and associated concepts drawn from Daoist thought are applied in analyses of the Chinese market economy and state-economy relations published in recent issues of social science and Communist Party journals in the People's Republic of China. Such use of traditional concepts partially displaces Marxist terminology from “diagnostic economics”. In discussing the use of these concepts in 5 articles published between 2000 and 2008, the economic theory of Daodejing is also presented.