Economy
Vila das Aves and neighbouring communities are heavily reliant on textiles for jobs and income. The industry was once vibrant and not so long ago was still causing rush hours when workers were changing shifts; it is now declining, and many ghost factories, some of them architectural monsters, scar the landscape. Although the industry is declining, its effluents still pollute the nearby river Vizela, rendering it black and foamy most of the time and detracting from the beauty of its green banks. The decline of the textile industry has brought unemployment and social problems. However the enterprising local population are pressing ahead with the regeneration of the community. Services are displacing textiles as the main economic activity, and investment in real estate has been growing, fuelled by young demons moving in, attracted by the town’s high quality and low cost of living.
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Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)