As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.

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