autarky
pronunciation
How to pronounce autarky in British English:
UK ['ɔ:tɑ:kɪ]
How to pronounce autarky in American English:
US ['ɔtɑkɪ]
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- Noun:
- economic independence as a national policy
Word Origin
- autarky (n.)
- 1610s, "self-sufficiency," from Greek autarkeia "sufficiency in oneself, independence," from autarkes "self-sufficient, having enough, independent of others" (also used of countries), from autos "self" (see auto-) + arkein "to ward off, keep off," also "to be strong enough, sufficient," from PIE root *ark- "to hold, contain, guard" (see arcane). From a different Greek source than autarchy, and thus the spelling. As a term in international economics, prominent late 1930s. Related: Autarkic.
Example
- 1. That explains the lure of juche ( loosely self-reliance or autarky ) which is the sole ideological pillar of this mythology .
- 2. No government has fallen to the temptations of economic autarky and political populism : those messages are preached on the sidelines by the likes of hungary 's jobbik , but the political mainstream remains untouched .
- 3. People fight the gold standard because they want to substitute national autarky for free trade , war for peace , totalitarian government omnipotence for liberty .
- 4. It seems to have concluded that the best response to high food prices is to move closer to agricultural autarky than to free trade .
- 5. China is a capitalist dynamo , not a creaking autarky , and its market-authoritarian example is fast winning adherents around the world -- while marginalizing the values that have informed western progress for 300 years .