Austerity
noun
The condition of having a simple and plain style or appearance, often because of lack of luxury or money.
The austerity of her living room surprised me; there was only a single chair.
noun
A political and economic policy of reducing government spending and debt, often resulting in less public services.
The government is introducing an austerity program to tackle the country's economic crisis.
Often appears as...
- economic austerity
- austerity measures
Usage tips
Technical
noun
A way of living that is marked by self-denial, self-discipline, and severe simplicity.
The monks led a life of austerity, maintaining a schedule of prayer, contemplation, and manual labor.
noun
The condition of having a simple and plain style or appearance, often because of lack of luxury or money.
The austerity of her living room surprised me; there was only a single chair.
noun
A political and economic policy of reducing government spending and debt, often resulting in less public services.
The government is introducing an austerity program to tackle the country's economic crisis.
Often appears as...
- economic austerity
- austerity measures
Usage tips
Technical
noun
A way of living that is marked by self-denial, self-discipline, and severe simplicity.
The monks led a life of austerity, maintaining a schedule of prayer, contemplation, and manual labor.
Definition 1 of 3
Pro Tip 1/3Minimalist Lifestyle
Austerity can imply a deliberate choice for simple living, not just lack of money.
Despite his wealth, he chose the austerity of a bare, unadorned cabin.
Pro Tip 2/3Unadorned Appearance
In design or fashion, austerity suggests a style with no unnecessary decorations or features.
The dress reflected elegance in its austerity.
Pro Tip 3/3Contrast to Wealth
Austerity often contrasts with opulence, highlighting the difference from luxuriousness.
Her home's austerity was in stark contrast to her neighbor's lavish mansion.
Pro Tip 1/3Minimalist Lifestyle
Austerity can imply a deliberate choice for simple living, not just lack of money.
Despite his wealth, he chose the austerity of a bare, unadorned cabin.
Pro Tip 2/3Unadorned Appearance
In design or fashion, austerity suggests a style with no unnecessary decorations or features.
The dress reflected elegance in its austerity.
Pro Tip 3/3Contrast to Wealth
Austerity often contrasts with opulence, highlighting the difference from luxuriousness.
Her home's austerity was in stark contrast to her neighbor's lavish mansion.
Pro Tip 1/3Minimalist Lifestyle
Austerity can imply a deliberate choice for simple living, not just lack of money.
Despite his wealth, he chose the austerity of a bare, unadorned cabin.
Pro Tip 2/3Unadorned Appearance
In design or fashion, austerity suggests a style with no unnecessary decorations or features.
The dress reflected elegance in its austerity.
Pro Tip 3/3Contrast to Wealth
Austerity often contrasts with opulence, highlighting the difference from luxuriousness.
Her home's austerity was in stark contrast to her neighbor's lavish mansion.
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Video examples
Why do we blame...
that has been benefiting the highest earners, while one quarter of the population keeps living in poverty. And the crisis and the austerity has made these kinds of social inequalities worse. So while the capital of the banks and the wealthy has been protected, those who lost the most
Video examples
Why Brexit happened --...
But amid austerity and the financial crisis of 2008, the concept disappeared almost without a trace. Globalization has been taken to support a neoliberal agenda. It's perceived to be part of an elite agenda rather than something that benefits all.
Video examples
3 ways we can redesign...
they're gonna say well we're gonna go broke from all of this and so we have to pull back and investing in our people and I think that's exactly the wrong thing to do we need a new narrative of generosity not austerity and I think we need to
Video examples
How protest is...
that once provided a voice to ordinary people; that sinking feeling that no matter what you do, external factors related to the global economy can disrupt our lives for the worse. Our political leaders seem helpless, insisting on austerity,
Video examples
How a handful of fishing...
to raise their ambition to the scale of investment urgently required to deliver this vision. And to get there, we all need to reimagine marine conservation as a narrative of abundance and empowerment, not of austerity and alienation;
Video examples
What coronavirus means...
the production of money and credit and all of that. That's what we're in. And so you've talked about, there are sort of four levers to recovery after a cutting spending, also known as austerity; debt restructuring, or forgiveness;
Video examples
Didier Sornette: How we...
This has very important implications to understand the failure of quantitative easing as well as austerity measures as long as we don't attack the core, the structural cause of this perpetual money machine thinking.
Video examples
The dirty secret of...
neoliberal economists continue to warn that the only reasonable response to the painful dislocations of austerity and globalization is even more austerity and globalization. So, what is a society to do?
Video examples
George Papandreou:...
What followed were the most difficult decisions in my life, painful to me, painful to my countrymen, imposing cuts, austerity, often on those not to blame for the crisis.
Video examples
Project Aquatone's U-2...
They thought it would soften the blow of the austerity that was attempt to, perhaps, convince people it wasn't quite as bad as it looked.
Video examples
Why do we blame...
that has been benefiting the highest earners, while one quarter of the population keeps living in poverty. And the crisis and the austerity has made these kinds of social inequalities worse. So while the capital of the banks and the wealthy has been protected, those who lost the most
Video examples
Why Brexit happened --...
But amid austerity and the financial crisis of 2008, the concept disappeared almost without a trace. Globalization has been taken to support a neoliberal agenda. It's perceived to be part of an elite agenda rather than something that benefits all.
Video examples
3 ways we can redesign...
they're gonna say well we're gonna go broke from all of this and so we have to pull back and investing in our people and I think that's exactly the wrong thing to do we need a new narrative of generosity not austerity and I think we need to
Video examples
How protest is...
that once provided a voice to ordinary people; that sinking feeling that no matter what you do, external factors related to the global economy can disrupt our lives for the worse. Our political leaders seem helpless, insisting on austerity,
Video examples
How a handful of fishing...
to raise their ambition to the scale of investment urgently required to deliver this vision. And to get there, we all need to reimagine marine conservation as a narrative of abundance and empowerment, not of austerity and alienation;
Video examples
What coronavirus means...
the production of money and credit and all of that. That's what we're in. And so you've talked about, there are sort of four levers to recovery after a cutting spending, also known as austerity; debt restructuring, or forgiveness;
Video examples
Didier Sornette: How we...
This has very important implications to understand the failure of quantitative easing as well as austerity measures as long as we don't attack the core, the structural cause of this perpetual money machine thinking.
Video examples
The dirty secret of...
neoliberal economists continue to warn that the only reasonable response to the painful dislocations of austerity and globalization is even more austerity and globalization. So, what is a society to do?
Video examples
George Papandreou:...
What followed were the most difficult decisions in my life, painful to me, painful to my countrymen, imposing cuts, austerity, often on those not to blame for the crisis.
Video examples
Project Aquatone's U-2...
They thought it would soften the blow of the austerity that was attempt to, perhaps, convince people it wasn't quite as bad as it looked.
Example 1 of 10
Quote examples
Alexandria Ocasio-Cortez
American Politician
The idea that we're going to austerity ourselves into prosperity is so mistaken, and honestly, I feel like one of the big problems we have is that, because Democrats don't have a deep understanding of or degrees in economics, they allow Wall Street folks to roll in the door and think that they're giving them an education.
Quote examples
Stephen Hough
British Composer
Discovering how to spend leisure time well, especially during a time of austerity, could be as important in the effort to reduce crime as having extra police on the streets, and increasing the population of concert halls may actually help decrease the population of prisons.
Quote examples
Greg Grandin
American Historian
Neoliberalism is hard to define. It could refer to intensified resource extraction, financialization, austerity, or something more ephemeral - a way of life - in which collective ideals of citizenship give way to marketized individualism and consumerism.
Quote examples
Cornelia Parker
English Artist
What was the most important thing I learned from Chomsky? That capitalism compels us to work ourselves to death in order to stuff our houses with things we don't need. Perhaps this is one thing art can do: create a new aesthetic, one of austerity.
Quote examples
Donovan
Scottish Musician
The idea of the mystic solo, meditating away on his own, is only one path of yoga. Very early on, I chose the path of Life. One path is austerity and isolation, the other is Life. But they both lead to the same place.
Quote examples
Lou Jiwei
Chinese Politician
Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.
Quote examples
Mark Zandi
American Economist
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
Quote examples
Owen Jones
British Journalist
For decades, life expectancy steadily rose in Britain: and then, suddenly, just as the Tories took power and imposed austerity, this improvement ground to a halt.
Quote examples
Luciana Berger
British Politician
The cruel realities of austerity and Brexit mean that life is chaotic, expensive and the road ahead is littered with obstacles.
Quote examples
Kris Marshall
English Actor
Especially in these times of austerity and the world feels like it's falling apart, it's good for people to have a laugh.
Quote examples
Alexandria Ocasio-Cortez
American Politician
The idea that we're going to austerity ourselves into prosperity is so mistaken, and honestly, I feel like one of the big problems we have is that, because Democrats don't have a deep understanding of or degrees in economics, they allow Wall Street folks to roll in the door and think that they're giving them an education.
Quote examples
Stephen Hough
British Composer
Discovering how to spend leisure time well, especially during a time of austerity, could be as important in the effort to reduce crime as having extra police on the streets, and increasing the population of concert halls may actually help decrease the population of prisons.
Quote examples
Greg Grandin
American Historian
Neoliberalism is hard to define. It could refer to intensified resource extraction, financialization, austerity, or something more ephemeral - a way of life - in which collective ideals of citizenship give way to marketized individualism and consumerism.
Quote examples
Cornelia Parker
English Artist
What was the most important thing I learned from Chomsky? That capitalism compels us to work ourselves to death in order to stuff our houses with things we don't need. Perhaps this is one thing art can do: create a new aesthetic, one of austerity.
Quote examples
Donovan
Scottish Musician
The idea of the mystic solo, meditating away on his own, is only one path of yoga. Very early on, I chose the path of Life. One path is austerity and isolation, the other is Life. But they both lead to the same place.
Quote examples
Lou Jiwei
Chinese Politician
Indebted countries can only grow out of their debt troubles through strong economic growth; austerity measures alone cannot work. It is imperative to engage in deep structural reform to spur growth.
Quote examples
Mark Zandi
American Economist
Past experience with fiscal austerity at home and overseas strongly suggests that it is best for the economy's long-run performance to restrain government spending rather than raise taxes.
Quote examples
Owen Jones
British Journalist
For decades, life expectancy steadily rose in Britain: and then, suddenly, just as the Tories took power and imposed austerity, this improvement ground to a halt.
Quote examples
Luciana Berger
British Politician
The cruel realities of austerity and Brexit mean that life is chaotic, expensive and the road ahead is littered with obstacles.
Quote examples
Kris Marshall
English Actor
Especially in these times of austerity and the world feels like it's falling apart, it's good for people to have a laugh.
Example 1 of 10
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