Globalism is not true capitalism, it is a mix of capitalism and corporatism. What I mean is that the top 1% are not only rich because they are getting 10% interest on a lot of money, they are getting exponentially more rich and powerful because lobbyists and politicians and corporations collude to give them advantages that you or I as an individual do not have.
The line is really drawn when government(s) begin to get more involved in capitalism, not less involved. True capitalism would have the government ensuring only that a free market can exist, not that the largest companies get what they want, because they have the most influence. If you don't think that the latter is what globalism currently is, then you are missing the entire thing.