Large scale planner cities are not doomed to failure. Some of them will be done well and thrive and some will be utter disasters, losing all the investors’ money and plentiful public funds. But given the pace of urbanisation in the developing world massive planned city building or expansion of the existing cities is inevitable.
[1]http://en.wikipedia.org/wiki/Milton_Keynes
Sanity calls for embracing the non-deteminism. Wall Street wasn't intended as a world financial center but that is what it wound up as.
I suspect a "modular garden" approach works best as a balance of setting up infastructure and zoning for purposes to be filled on demand. Japan at least has apparently had luck with building train/subway line loops, selling land to developers and renting out retail spaces in and near stations.