The author examines the explanatory value of the idea of society as an organic whole in the current era of post-modern societies and economic globalization. Analyzing various aspects of this context from the perspective of the relationship between state sovereignty and market sovereignty, the author focusses attention on a new idea of society emerging in contemporary social life — the virtual society. Drawing on the notions of unintended consequences, as employed in systems analysis, and the Generalized-Other, common to studies of socialization, he concludes by suggesting how an examination of the above question could profit from morphology analysis.