Hooray! It's the argument that won't die.
The way I tend to see it is: While the inital punk wave of the late 70s is obviously no more, those same ethos & that same mentality is very much alive & well today. It's what drives many bands you listen to and the bands they
listened to. Plus, no one person can take an entire era that's influenced generation after generation and claim it "dead." That's just silly.