This essay criticizes David Held's proposal of cosmopolitan democracy. Held argues that cosmopolitan realities are emerging, which help to open up the possibility of a cosmopolitan democracy. However, the author argues that Held tends to exaggerate cosmopolitan realities. What Held sees as cosmopolitan realities are international realities rather than cosmopolitan, and what he calls 'transnational civil society' is in fact the product of nation-states. Held endorses 'the institutionalization of cosmopolitan principles', which implies two different institutionalizations, though Held does not explicitly (...) recognize this difference: the global and national institutionalization. However, the global institutionalization of cosmopolitan principles would not only fail to work but also cause undesirable consequences, in particular, global cultural homogenization, while the national one does not deserve the name of cosmopolitanism. Instead of introducing a cosmopolitan democracy, the author proposes that we should utilize and enhance the capacities of nation-states and develop the existing international order so as to cope with global problems. (shrink)