In this article, I analyze the governmental discourses of Chung‐Hee Park, drawing on Walter Benjamin's concept of the archeology of dreams. Following Benjamin, I argue that modern Korea has been shaped largely under the prevailing influence of survivalism, viewed as a principle of governmentality as well as a collective mentality. Since the late 19th century the Korean peninsula has been enmeshed in enduring geopolitico‐economic threats. The Cold War brought about suffering through the Korean War, which was carried over into an authoritarian and developmental state. Finally, under the hegemony of neoliberalism at the end of the 20th century, Koreans once again underwent a collective crisis of survival. Here, I focus on Cold War survivalism and explore the discourses of Chung‐Hee Park as representative texts exemplifying the logic and rationale of survivalist governmentality. Viewed as the most influential figure of 20th‐century Korea, Park crystallized and implemented a survivalist governmentality, the fundamental logic of which can be delineated in the following four axioms: (i) the transcendental structure of problems, (ii) kairotic time, (iii) the praxeology of power, and (iv) the sovereign leader. These four constitute the specific narrative of national survival that functioned as a blueprint for building up the developmental Korean state.