Vinyl, vinylidene, (meth)acrylic monomers, conjugated dienes can undergo polymerization upon repeated nucleophilic attacks and additions on to their carbon‐carbon double bonds, generating carbanionic growing species. In absence of protic impurities or molecular groups that can react with these propagating carbanionic centers, the latter can be preserved indefinitely. Besides describing the essential features of anionic polymerization, of its initiation and propagation steps, this review also focuses on the opportunities unleashed in macromolecular engineering by the “living” nature of anionic polymerization. Examples of well‐defined macromolecular architectures obtained by anionic polymerization are reported.