http://www.adbusters.org/magazine/79/hipster.html A good article - although slightly dramatizes the issue - it does hit a nerve - an underlying issue. [for all those buying/replaying Bob Dylan songs!!] To quote
'We are a lost generation, desperately clinging to anything that feels real, but too afraid to become it ourselves. We are a defeated generation, resigned to the hypocrisy of those before us, who once sang songs of rebellion and now sell them back to us. We are the last generation, a culmination of all previous things, destroyed by the vapidity that surrounds us. The hipster represents the end of Western civilization – a culture so detached and disconnected that it has stopped giving birth to anything new."