Is globalization manageable? The inequalities of wealth and power are vast and growing. The status quo powers show a greater proclivity to warfare than to multilateralism and democratic reform. Nevertheless, a growing consensus favors some form of managing, steering, or shaping globalization. Global laissezfaire may involve greater risks than even the privileged few can afford (cf. Soros 1998, 2002). The advanced nations ponder new global rules on investment, banking, and trade. “Planning globalization," a position at the other end of the spectrum. has takers only among adherents of world socialism. A broad middle ground favors managing globalization, but right away dispute takes over. Should global reform be implemented within the existing structures or through new institutions?