Totalitarianism of Globalism by the Top 1 %

Abstract

In this chapter, I discuss the consequences and origins of global capitalism, including destabilization and inequality of the economy, globalization of crises, and increase in the power of money and decrease in the power of other values within all realms. I then discuss understanding the origin of global capitalism through the social philosophical concept of totalitarianism. Totalitarianism is defined as an ideology, movement, and system in which the superiority of “the whole” is thoroughly pursued. The direction or ideology of the whole, such as Nazism, is not selected by rational reasoning but by secular motivations, such as greed and fear. Those living in a totalitarian state come to lose the ability to think and therefore can commit evil acts without any sense of guilt. After describing the details of totalitarianism of Nazi Germany, I suggest how its basic social dynamics for expansion and basic structure are identical to those of the current global capitalism, while referring to the social scientific theories of Hannah Arendt (The origins of totalitarianism. Harcourt Brace & World, New York, 1951). Since the “top 1 %” in the totalitarianism of globalism (TOG) have ceased to think, they can believe in any irrational theory to support their beliefs, such as neoliberalism, and can therefore blindly commit evil acts without any sense of guilty. Lastly, I discuss the basic direction to follow in order to move beyond global capitalism based on the philosophical theory of totalitarianism.