A pretentious, self-indulgent, usually a 20-to-30 something that believes because they posses a college education, particularly within the Liberal Arts & Sciences, that they are somehow more "enlightened" than the rest of society. The hipster in most instances falls within the "talker" side of society as opposed to the "doer" side, as defined by the Conservative/libertarian economist Thomas Sowell. Hipsters are fond of using terminology such as "misogynist" "androgynous" "feminist" "racist" and other "progressive" or "enlightened" politically cultural marxist or left-wing catch phrases meant to denote the feeling that "they care...YOU don't" "they are intelligent....YOU aren't." The irony to hipster logic, is that, despite often being described as having an appreciation for the "ironic" the hipster doesn't understand that whether a particular trend is mainstream, or counter cultural, that they are still buying into something that is marketable, despite the "dumb sheeple" that continue to buy into the mainstream. Their "brand" is just as altogether marketable and fashionable as Mainstream trends. Urban Outfitters, and other retailers are still making money off of the hipster's self-righteous dissent. The above said definition isn't meant to apply to all individuals that self identify as being a hipster, it is merely a generalization.
An assumption amongst the hipster is that all individuals that do not partake in their cultural charade are intellectually or socially inadequate or inferior, alluding to their self-righteous sense of grandiosity.