Competition, the global crisis and alternatives to neoliberal capitalism. A critical engagement with anarchism

Abstract

Since the mid-1980s, and particularly throughout the first decade of the twenty-first century, the imperative of capitalist competition has become a totalizing and all-pervasive logic expanding to ever more social domains and geographical areas around the world. Sustained by neoliberal competition regulation and other regulatory provisions, excessive competition (over-competition) in the process of capital accumulation has become a major global force with highly detrimental social and environmental downsides. From the vantage point of a historical materialist perspective, the article provides an explanatory critique of capitalist competition and the atomistic and reductionist social scientific precepts that serve to legitimize the neoliberal type of competition regulation. By critically engaging with principles and values central to anarchism, such as equity, solidarity, cooperation, mutual aid, and environmental sustainability, the article seeks to outline an alternative vision to the ideas and social practices that have sustained the existing competition order thus far.