  In Economy and Society, Weber articulates the central precept of methodological individualism in the following way: When discussing social phenomena, we often talk about various “social collectivities, such as states, associations, business corporations, foundations, as if they were individual persons”(Weber 1922, 13).  Thus we talk about them having plans, performing actions, suffering losses, and so forth. The doctrine of methodological individualism does not take issue with these ordinary ways of speaking, it merely stipulates that “in sociological work these collectivities must be treated as solely the resultants and modes of organization of the particular acts of individual persons, since these alone can be treated as agents in a course of subjectively understandable action” (Weber 1922, 13).