Economy
While Eberswalde was renowned for its thriving heavy industry in the past, since the fall of the wall, it has fallen upon harder times. As the East German government fell, state support vanished, and factories had to suddenly compete with more efficient firms in the West. As a result, many factories in Eberswalde went under, and visitors can see the remnants of these abandoned plants across town. Like many East German towns, Eberswalde has since struggled with unemployment, and many have left the region in search of work elsewhere. Consequently, many of the huge Soviet-Bloc style apartment complexes in Eberswalde (most notably the Brandenburgisches Viertel) are becoming empty, and are slowly being razed.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)