Social, political and economic institutions have become larger, considerably more complex and resourceful, and prima facie more important to collective life. Many of the major actors in modern economic and political systems are formal organizations, and the institutions of law and bureaucracy occupy a dominant role in contemporary life.

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Quote text and notes from Wikiquote: James G. March (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.