True punk burned itself out so fast that it's ghosts (new wave, retro punk, grunge, speed/death metal/ hard core) are just illusions. Plus, they cleaned up the garbage in London. Glam rock ended. Studio 54 closed. Disco died. Detroit automobiles got better. The economy got better once the socialists and CINOs were booted from government decision making apparatus.
All there is are rich kids wanting to rebel against rebels. The next wave of outlaw music? Classical chamber music.
Punk was glam rock without the outfits.
Johnny Thunders was the last great glam guitar hero and the first punk rock star.
So many punk riffs were cribbed from T. Rex and the New York Dolls.
"Music of rebellion makes you want to rage,
But it's made by millionaires who are nearly twice your age."
-- The Sound of Muzak, Porcupine Tree