"Churn is the American way. Companies are born, rise, fall and die. Others come along to replace them. The country's remarkable capacity for innovation, for reinvention, is tied to its acceptance to failure. Or always has been. Without failure, the culture of risk fades. Without risk, creativity withers. Save the zombies and you sabotage the vital. "What does the last sentence mean? What the metaphor "zombie" implies? What about "vital"?
Hi, here' the idea, simply put. A 'zombie' is a dead person walking around. Some companies are like zombies, because they are dead in the sense that they have lost their success and vitality, but they are still walking around in the sense that they are still in business.
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akdomWhat does the last sentence mean? What the metaphor "zombie" implies? What about "vital"?In this context the author is using "zombies" to refer to companies that would fail or declare bankruptcy except for taxpayer bailouts. If you "save the zombies" you keep those companies alive. This costs healthy companies in several ways, 1) at least some of the tax