A non-productive member of society. Typically the offspring of two highly successful parents who live in places like Greenwich, Connecticut or the Upper East Side of Manhattan, the hipster is someone who has failed to achieve the level of success of his or her busy parents and tries to compensate for the insecurities that come with abject failure by conforming to a culture that claims to hate conformity. They shop at thrift stores and try desperately to shed their blue-blooded upbringing by wearing old, ratty flannel shirts and by bleaching and/or rubbing dead fish in their hair.
Person 1: Dude, have you ever been to an urban farmers' market?
Person 2: No, seeing all those hipsters makes me depressed about the future of our society.