The Future of Autarky
Ben Chu asks why nations are turning away from globalisation and seeking self-sufficiency.
Whatever its economic merits, we seem to be living through an βautarkic turnβ in national policymaking as the dream of globalisation sours. The shocks and anxieties spawned by the coronavirus pandemic, the Ukraine war, and the intensifying geopolitical struggle between China and the US, means many governments - from the US, to India, to China, to the UK, to the European Union - are seeking to boost national production of things like silicon microchips, food and medicines. And the climate crisis is creating an urgent new drive for energy independence, in the form of renewable power.
So what will this new age of autarky - if thatβs what it is - feel like? In this final episode, Ben Chu, economics editor of ΒιΆΉΤΌΕΔ Newsnight, speaks to experts around the world, and visits a solar farm near Warminster, Wiltshire, to investigate the viability of energy autarky for the UK.
With contributions from:
Josh Stratton, managing partner of JM Stratton & Co farm
Greg Jackson, CEO of Octopus Energy
Siddharth Mayur, CEO of H2E Power
Huiyao Wang, president of Center for China and Globalization, a think tank in China
Brad DeLong, economist and author of βSlouching Towards Utopia: An Economic History of the Twentieth Centuryβ
Journalist Cindy Yu
Presenter: Ben Chu
Producer: Anouk Millet
Editor: Craig Templeton Smith
A Tempo & Talker production for ΒιΆΉΤΌΕΔ Radio 4
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- Mon 28 Nov 2022 20:00ΒιΆΉΤΌΕΔ Radio 4
- Wed 30 Nov 2022 11:00ΒιΆΉΤΌΕΔ Radio 4