Hippies, like socialists, went down with the share of wages in the nation's GDP: <http://graphics10.nytimes.com/images/2006/08/28/business/28wages_chart.jpg>.
By the end of the 1970s, Marxism and secular nationalism, as well as communal counter-culture, had run out of steam, and those who still pulled off revolutions at the tail end of the 70s, in Nicaragua and Iran, did so on the basis of Marxism, nationalism, and religion (more Marxism in ideology in Nicaragua than in Iran, more actual socialization of means of production in Iran than in Nicaragua).
Yoshie <http://montages.blogspot.com/> <http://mrzine.org> <http://monthlyreview.org/>