According to this article in El País (in Spanish), this is is what Manuel Castells does in his latest book Communication Power but it does not mean that he has given up on the emancipatory potential of the Internet:
Read the whole thing.
Although I would argue that power was not as absent of The Information Age as the article makes it sound. Castells made it very clear that the Network Society produces winners and losers (the usual suspects, labor for instance). And the conflict dimension was more thoroughly addressed in the other volumes of the Information Age.
Needless to say, that book is in my to-read ever-growing pile. Castells is in line for my sociologist of the semester category.