UGggggggh. Can there be one conversation about bass that doesn't bring up fucking Chris Squire or fucking Geddy Lee. When I first started playing those two were almost enough to make me stop right there, fucking wankers. WANKERS!!! Next everyone will be sucking off Jaco Pastorious (who, by the way, has a tone like the grown-ups in Peanuts having a seizure, it is NOT something to aspire to have).
The great thing about Peter Hook is that he didn't fuck around. He didn't need a lot of flash for New Order's (and Joy Division some too) songs, four notes, perfectly arrange and mixed to the front, were just fine for him. In this is the most important lesson you can learn playing bass: Keep it simple, don't be a wanker. People are not impressed by that.