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I'm going to be genuinely controversial here and go against the grain. My theory is that there are no cabals of powerful men micro-managing or controlling world events. The "new world order" should be taken literally. its a novel (new) pan-national (world) structure (order). Its a fairly value-free description of increased inter-connectivity between nation-states that is based on technological developments and liberalisation of financial and trade institutions. Of course some people have more power and influence than others, and some a lot more, but the ideas in most conspiracy theories place way too much faith in the abilities of powerful men to control world-events, which are inherently chaotic/anarchic.
I blame it on what i call the "double narcissism" complex ("double nigger" if you find words with more than two syllables difficult). Firstly, individual conspiracy theorists are narcissists (or niggers) because they believe that they have special insight into the secret machinations of society which normiees and sheeple cannot understand and are not privvy to. Secondly, the conspiracy theorist places too much emphasis on human agency, especially at an individual level, to explain world events ("X happened because person-Y planned it" ) instead of an event being the outcome of semi-chaotic and unforeseen consequences.
also, can we go back to using "Global Cultural Homogenisation" instead of "Globohomo". globohomo tends to highlight the sexual degeneracy aspects of cultural homogenisation and also infers that there is an elite cabal in a secret, sealed room somewhere promoting degeneracy (micro managing the media etc). The reality of Global Cultural Homogenization is much much wider and impacts many more aspects of the social realm than just sexuality and its also decentered in terms of power.