A recent Gerstenberger article:
The article argues that any state theory has to take into consideration the
fundamental changes of the logic of power that was brought about by the advent of
capitalism. While a territorial logic of power was a central characteristic of
European states before capitalism, the power of states has been detached from
national territories through the mobility of capital. Technological developments
have not only enhanced this mobility but also possibilities of production that are no
longer determined by physical nature of a certain kind. The present international
order of sovereign nation states was inherited from the pre-capitalist epoch. But the
plurality of nation states has not only been reproduced in the processes of decolonization
but has become a functional element of globalized capitalism.
find there rest here.