Transnational corporations are now the main global economic force that is eroding the nation-state system. Where we once only recognized the economies of individual countries, we are now seeing that the economy is now, in fact, global.
The influence of corporations is not adequately recognized or reported by the mass media. Perhaps this is in part due to the fact that most mass media networks in the West are owned by major transnational corporations. If you own it, you can control what gets discussed and reported.