An institution is being overthrown in America!

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The share of all U.S. adults who are married has dropped to a record low 51 percent, according to a new report. If the trend continues, the institution will soon lose its majority status in American life.

"But what it does bring home to us is that we can no longer pretend that marriage is the central organizing principle of society. We have to take account of the many, many social networks and relationships that people cycle through, marriage being just one of them," Coontz says.

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