[cossatot]

I think the basic idea is that companies that are unprofitable or barely profitable or otherwise underperforming are chewed up and uhh... spat out, leaving the assets (people, inventory, etc) to be picked up by healthier companies.

Contrast this with 'zombie companies' in Japan, 'zombie banks' like Deutsche Bank, and so forth that are kept animated by gov/taxpayer money instead of fed to the sharks.