The only source I saw that explains that term looks pretty white nationalist:

http://www.renegadetribune.com/kalergis-baby-hydra-european-union/

Taking it at face value, it says a lot that I've seen from other sources, about a secret society that roots back to the Freemasons of the late 1700's, and desire to control the world through central banks, with a twist I hadn't heard before, the vision of a "United States of Europe" that would include Russia. The Freemasons supported the French Revolution, and funded Marx and Engels when communism was in its infancy, and right on up to the Bolshevik Revolution.

The part about Wall Street funding Lenin and Trotsky I was aware of. Wall Street also bankrolled Hitler. Basically, the globalists fund both sides of every major and minor conflict, and profit on it either way, regardless of the outcome. The fact that Kelergi was involved in machinations of Otto Von Bismarck was a surprise. But again, manifests that globalists profit and remain at the center of power, regardless of who wins.

I've also been aware that the goals of globalism and of communism/socialism gel quite compatibly. As does radical islam. The destruction of established Western power, and the destruction of Christianity fits into the shared plans of all these groups.

Only the soft attempt to blame it all on the Jews makes me distance myself from this linked perspective. What the heck is a "Jewess" anyway? I see that as not "Jews" but as the globalist plans of an inner circle of Jewish elites, where millions of Jews, like millions of every other group, are just cannon fodder for their globalist plans.
George Soros is as good an example of that as any. A guy who is Jewish, and at age 14 in 1944 in Hungary was involved in seizing the property and furniture of Jews sent to concentration camps for extermination, and in a 60 Minutes interview, remorselessly looks back at this as "the best year of my life". A globalist who despite being Jewish, seems to be downright anti-Semitic, and seems to disown his Jewish roots in his pursuit of globalist ambitions.