The world’s dominant political economy has crashed;
neoliberalism — an ideological smokescreen for financialisation, cartelisation,
and monopolisation — is so discredited that even its own advocates remain
silent. Finance capital for its part is now concentrated in so few hands that
over $21 trillion — more than the combined GDP of the United States and Japan —
is held in secretive tax havens. Much of the money has come from drug-running,
arms smuggling, tax evasion, and tax avoidance. It is used not for generating
legitimate productive work but only for making paper money. Wealth does not
trickle down; it floods upwards.
Meanwhile, particularly in the Anglophone world, more
evidence emerges almost daily of rampant criminality in every area of high
finance. Far from regulating finance, let alone using the feeble criminal law
available, governments terrified of financiers and also of the public instead
confine themselves to passing progressively more vicious public-order
legislation on the assumption that all people are terrorists.
The anarchists, inspired by the Popular Front’s election win
in February 1936, achieved huge successes in, for example, Catalonia, but the
surge of self-management by peasants and industrial workers was too much for
Franco — and for the United States, Britain, and the Soviet Union. Those who
hold established power seem unable to accept the anarchist principle that such
power needs to be justified, especially in view of the horrors that it, whether
public or private, has inflicted on us. Anarchism, therefore, combines its
searching critique of capital with a deep suspicion of the evils of power
misused, and Daniel Guérin’s commanding overview of the major themes in
anarchism sets them in historical and political context. (Read further: Source)
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