A plausible theory of the globalization of the countries of the world must be based upon two fundamentals concerning their economies, their environments and their governments, namely (i) interdependency and (ii) coordination. The first factor in the globalization equation is the rapidly increasing reciprocities between nations. The second factor is the unfolding of coordination games between the governments of the major states taking place within global meetings, international organizations and regional coordination mechanisms. There is the danger that the governments will end up in discoordination or even the worst coordination failure conceivable, namely a global disaster for mankind. Positively, globalization holds the promise of a Kantian world order, based upon global market prosperity and a one world internet village of equals.