Well as a so called fickle, self improving asshole I'd say that the counterculture has it's place, but the death of competition wholesale is the death of society.

If you want to "Turn On, Tune In, Drop Out" as Timothy Leary coined, then go ahead. Nothing you are saying is particularly original, you can see the same general concepts in the Hippie revolution, 19/20th century utopia communes, early Christianity sects, St. Francis of Assisi, Cynicism among the ancient Greek Philosophers and any number of other social movements.

It is at the core a reaction to the natural order of competition and the subjugation of weaker members of a society. Very high minded and erudite, but fundamentally impractical on the grand scale. There will always be those who compete, your so called assholes, and they will find a way to get ahead. Even in cultures that espouse your ideals at a universal level like Buddhism/Hinduism etc. they fall apart.