It's important to keep in mind that what punk is now, how the fans are now, isnt necessarilly how punk was then and how punks were then.
I haven't researched punks early subculture; but
most modern (20-something) punks I meet are white kids from suburbs, got picked on in highschool, lack a body type that inspires fear, and the style isn't shocking any more - it's just silly. Take crust punks as an example; hyper liberal white kids, who beg for change because (insert asinine politics), and have dreadlocks and really, really bad tattoos. How the hell is that intimidating?
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Hippies did all the real hard core headsmashing violent protests back in the Vietnam era. Punks never did **** but talk a big game.
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Hippies didn't do that; most of headsmashing in the Vietnam era (domestically) was done by cops, national guard, and patriotic militias. Take a look at the Black Panthers, AIM, or the various Maoist groups.... and their record was pretty dismal. The classic example being May 4, 1970. Team Hippie: 4 dead, 9 wounded. Team National Guard: 0 dead, 0 wounded.