Instant trash,"" cried John Osborne commenting on the Second French Revolution presented by the TV cameras a few months ago. And we all remember John Osborne, the quondam Angry Young Man who once characterized the English Establishment as a rotting mouth with a few gold fillings left. Hippies and Yippies, Hare Krishna and Diggers, acid and pot--like, man, is it all gonna be the end in two years when Dylan is thirty, or what? Nirvana forbid, says editor Jesse Kornbluth: ""If these notes--articulate and incoherent mutterings from an underground as visible as our long-haired youth--are dismissed as the usual whines of 'cussers and doubters' then we no longer take each other seriously."" True. Unfortunately, many of the pieces collected, most of which this reviewer had read in their virgin state as topical articles in The Village Voice, The East Village Other, Evergreen Review, and Ramparts, (there are a few less accessible, perhaps more exotic goodies from the West Coast publications, Berkeley Barb and the Oracle), are partisan, both didactically and stylistically. One can only imagine them appealing to the already converted, leaving the great washed squares of the suburbs, should they seek enlightenment or wish to swing with the ""deviate subculture,"" puzzled, hostile, and bored. Bad public relations. But then, despite disclaimers, the anthology was no doubt really intended for the campus, especially with that groovy allusion to Dostoevsky in the title. Like, man, he knew.