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Self-sustainability is a type of sustainable living in which nothing is consumed other than what is produced by the self-sufficient individuals. Examples of attempts at self-sufficiency in North America include simple living, food storage, homesteading, off-the-grid, survivalism, DIY ethic, and the back-to-the-land movement.
Autarky is the characteristic of self-sufficiency, usually applied to societies, communities, states, and their economic systems. [1]Autarky as an ideology or economic approach has been attempted by a range of political ideologies and movements, particularly leftist ones like African socialism, mutualism, war communism, [2] communalism, swadeshi, syndicalism (especially anarcho-syndicalism ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The Ark used wind-based water pumping and electricity and was self-contained in food production. It had living quarters for people, fish tanks raising tilapia for protein , a greenhouse watered with fish water, and a closed-loop sewage reclamation system that recycled human waste into sanitized fertilizer for the fish tanks.
As such, natural economies tend to be self-contained, where all the goods consumed are produced domestically. [1] The term has often been used in opposition to other forms of economy, most notably capitalism. [1] Rosa Luxemburg believed that the destruction of the natural economy was a necessary condition for the development of capitalism. [2]
Regenerative economics combines the concepts of economics and the values of a self-sustaining and self-renewing system. By doing so, it enhances the resiliency of the economic system. [ 2 ] The regenerative economics works to account for social costs and values that may be traditionally unaccounted for, including: [ 2 ]
William Gibson popularized the term in his seminal 1984 cyberpunk novel Neuromancer, where each corporation has its own self-contained city known as an arcology. More recently, authors such as Peter Hamilton in Neutronium Alchemist and Paolo Bacigalupi in The Water Knife explicitly used arcologies as part of their scenarios.
Peasant economics is an area of economics in which a wide variety of economic approaches ranging from the ... These baronies had self-contained economies, and ...