questions for crocodiles

Alligator,

You mention the cyclical nature of fashion. One of the arguments I've heard recently is that not only is fashion cyclical, the velocity of fashion is speeding up. What used to be a steady trend, people argue, goes from unheard of to rare to omnipresent to ridiculous to ironic so quickly that fashion as such can't really exist.

What do you think? Is fashion possible? Or at this point, is there just a bunch of floating subcultures and trends, that can be quoted, adopted, appropriated, or mocked without any real coherence?

Hippo