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 laissez-faire 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?