Definition of autarky in US English:

autarky

noun

  • 1Economic independence or self-sufficiency.

    • ‘He has tried to retreat into national economic autarky, with disastrous results.’
    • ‘We are free to disagree over foreign investment: I do not advocate autarchy.’
    • ‘The push to restrict people's opportunities to buy and sell based on region is an attempt to bring about what economists call autarky, or economic self-sufficiency.’
    • ‘He pledged the government would take ‘an active role in globalization,’ acknowledging that China, one of the world's most trade-dependent countries, cannot return to the days of economic autarchy.’
    • ‘And while the distribution of that prosperity is often unequal and unjust, it's hard to see how a retreat to autarchy would make it any less unjust.’
    • ‘It aims at war because it wants autarky - because it wants to live in economic self-sufficiency.’
    • ‘The unity they desired was one based upon conquest, political subordination, and economic autarky.’
    • ‘Fast track may well be dead, but nobody should take that to mean that the U.S. is going to retreat into autarky.’
    • ‘Franco imposed a policy of economic self-sufficiency or autarky.’
    • ‘Then the classical economists pointed out that living in autarky is not very productive.’
    • ‘The collapse of the Soviet Union - the most extreme example of a program of economic autarky - was itself a product of the growing pressures of world capitalism.’
    • ‘Finally, in the period of Spanish economic autarchy, trams went into steep decline.’
    • ‘The costs of farming obliged farmers to abandon mixed farming and autarky for market orientation and specialization.’
    • ‘Rapid economic growth fueled by foreign credits gradually gave way to economic autarchy accompanied by wrenching austerity and severe political repression.’
    • ‘The fact is, what collapsed in the Soviet Union was not socialism but the Stalinist system of national economic autarchy.’
    • ‘For almost 50 years, our country followed the policy of autarky.’
    • ‘If you want to abandon internationally determined market prices, it means a return to autarky with governments determining the price of domestic crude oil and refined petroleum products.’
    • ‘Economic historians have long known that a key plank of Nazi economic policy was autarky.’
    • ‘However, ‘de-linking’ is not about running away from the rest of the world nor is it about autarky.’
    • ‘Self-reliance and autarchy are discarded options in today's world, be it for tackling terrorism or underdevelopment.’
    independence, self-reliance, self-support, self-sustenance, self-standing
    View synonyms
    1. 1.1 A country, state, or society which is economically independent.
      • ‘Trotsky fought for a faster tempo of industrial growth in order to counter this pressure, while at the same time he rejected the conception of an economic autarky.’
      • ‘During the Cold War, these ideas had encouraged the first generation of leaders of the newly independent colonies, and their colleagues in Latin America, to build statist autarkies.’

Origin

Early 17th century: from Greek autarkeia, from autarkēs ‘self-sufficiency’, from autos ‘self’ + arkein ‘suffice’.

Pronunciation

autarky

/ˈɔˌtɑrki//ˈôˌtärkē/