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Discussions of the spatiality of globalization have largely focused on place-based attributes that fix globalization locally, on globalization as the construction of scale, and on networks as a distinctive feature of contemporary globalization. By contrast, position within the global economy is frequently regarded as anachronistic in a shrinking, networked world. A critical review of how place, scale, and networks are used as metaphors for the spatiality of globalization suggests that space/time still matters. Positionality (position in relational space/time within the global economy) is conceptualized as both shaping and shaped by the trajectories of globalization and as influencing the conditions of possibility of places in a globalizing world. The wormhole is invoked as a way of describing the concrete geographies of positionality and their non-Euclidean relationship to the Earth's surface. The inclusion of positionality challenges the simplicity of pro- and antiglobalization narratives and can change how we think about globalization and devise strategies to alter its trajectory.