I view most of it as anti totalitarian speech. This was made during the rise to power of the Nazi party, hence the call against Nationalism. I don't quite see it as advocating a one World government . It does however mistake Democracy as a solution, when Anarchy is the true antithesis of all that he rants against. If you can adopt the non-aggression principle (non-initiation of force), Anarchy is the way to go.
There is truth in the description of us becoming isolated from each other, shutting our selves in and being manipulated into needless hostilities. Also in the use and abuse of soldiers to serve the interests and twisted vision of a few elite. He is also correct about human nature being contrary to the way we are being coerced to act.