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Discussion of the political impact of social media has focused on the power of mass protests to topple governments. In fact, social media's real potential lies in supporting civil society and the public sphere -- which will produce change over years and decades, not weeks or months.

Global corporate citizenship means that companies must not only be engaged with stakeholders but be stakeholders themselves alongside governments and civil society. Since companies depend on global development, which in turn relies on stability and increased prosperity, it is in their direct interest to help improve the state of the world.

Summary: The nation-state may be obsolete in an internetted world. Increasingly, the resources and threats that matter disregard governments and borders. States are sharing powers that defined their sovereignty with corporations, international bodies, and a proliferating universe of citizens groups. Comment: The article is somewhat dated, but something of a classic.