More than a century ago, U.S. Navy captain Arthur Thayer Mahan argued in his seminal “The Influence of Seapower Upon History” that a maritime nation’s economic health and security depends on its navy and ability to control the seas. It was a straightforward assertion, but timely for a country poised to ride globalization’s first wave to economic dominance. Today, as we experience the digitized second wave of globalization, a virtual explosion of advocacy is resurrecting Mahan’s arguments. These new seapower evangelists, however, miss the point. The question is not whether to have a global navy, but what it should look like.