Exactly: we live in a capitalist society which has been in decline into fascism for generations which makes the counter culture the opposite of those things.

I get the sense that because people can think of a few examples of mercenary security people or a few white supremacist groups that "hack" that this is somehow a refutation. It's not. You know about these people because 1) they usually are mean and suck and 2) they are outliers.

As you say: the phreaking / hacking / hobbist subcultures have always been collectivist by nature and the product of those subcultures will always chafe at the profit motive.

The considerable number of libertarians and anarchists among the old-school hackers would probably be rather surprised to hear themselves described as collectivist.