from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A policy of national self-sufficiency and nonreliance on imports or economic aid.
- n. A self-sufficient region or country.
from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. National economic self-sufficiency.
- n. The state of personal self-sufficiency.
- n. An enclosed ecosystem.
from the GNU version of the Collaborative International Dictionary of English
- n. economic independence as a national policy.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. economic independence as a national policy
I take "autarky" in the sense that one must be able to produce enough to pay for what one consumes, which condemns the American economy as it presently is.
Dr. Woods describes a distributivism which advocates that “people withdraw from the division of labor of a market society and retreat instead into a kind of autarky … The emphasis here is on having as many people as possible be owners of their own land and of whatever means of production they employ”8.
This kind of economic autarky found its counterpart on the political front in the principle of "self-determination."
George Will on ABC's This Week observed, All modern tyrannies have depended on intellectual autarky, being able to seal of the consciousness of their people from the outside world. . .
The North Korean people are isolated from the contemporary global community, and they will not soon be rid of juche ideology and the folly of autarky.
Pursuit of autarky (which we can narrow to “energy independence”) is foolish and impoverishes anyone who tries it.
All this blather about “foreign oil” reeks of the assumption of the superiority of autarky over comparative advantage.
The point of Turning Oil in Salt is not to exit world oil markets (a ruse they deride as autarky) but to develop a dynamic market of many oil alternatives -- both alcohol fuels and electricity -- so that we may import oil for the mix if we want but stay resilient to the shocks that oil markets provide.
It was also tied to some backward protectionist ideas, including the goal of autarky and immunity to trade wars.
Pursuit of autarky which we can narrow to “energy independence” is foolish and impoverishes anyone who tries it.
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