Abstract
Two major forces have been remaking the organizational setting of the United States in the recent past. The third industrial revolution and globalization are having a dramatic impact on the structure and process of American economic institutions and on the nation's political process. This third version of the organizational synthesis probes, with varying degrees of success, the vast literature that has accumulated around these two themes in the years since 1983, when theBusiness History Reviewpublished the second version of the paradigm. While much has changed in the nation's history and its historiography, bureaucratic institutions continue to dominate the society's organizational landscape. Pressed to change, to adapt to the need for greater efficiency and innovative capability, the surviving bureaucracies and the professionals who people them have experienced wrenching changes in recent years. To date, this “American solution” to global competition and technical transformation has been expensive in human terms but an overwhelming economic success for America.