Economy
For much of the island’s history, Susak’s inhabitants supported themselves by making wine, farming, and fishing. The islanders produced a significant quantity of wine and grappa between 1936 and 1969 when a cooperative wine cellar aided in the production and manufacturing of the beverages. At one time, there was also a fish cannery on the island.
By the mid-1960s, Susak had become almost completely depopulated with its main town in virtual ruin.
Today, tourism is Susak’s main industry although some wine is still produced - particularly a red wine called pleskunac and a dry rosé called trojiśćina. Especially in peak summer months, the island’s population can swell by several hundred tourists who are visiting the island over night or on day-long excursions. A boost to Susak’s tourism is the Susak Expo – an international annual art event attracting leading, contemporary artists, which has, in recent years, gained a reputation similar to the Venice Biennial.
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Famous quotes containing the word economy:
“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 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)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)