Monday, August 29, 2011
Riots and Politics
London and many other cities in England recently went up in flames as young people went into the streets. Ignited by the shooting of a young black man in Tottenham, it became obvious that the cause was actually something greater. Of the many buildings set aflame by the rioters in London was the PIAS warehouse where the majority of English and Irish independent record labels had their goods.
This a major problem for recording companies who are attempting to create something different. Maybe the politics of the riots are not as clear as people sticking up for a person wrongly shot by the agents of capital's power. Considering that the rioters appeared to be mostly youths from decidedly British descent, we need to take a moment before thinking that these riots held any lofty goals at all. In fact Micael Gira, provocateur from the SWANS, may have hit the nail on the head when he tweeted, and then received criticism for tweeting, "oh wait! i thought anarchy was good! anyway, music should be free, so what's the problem?" Aside from the irony, Gira calls out the vacuous nature of the rioting.
With a way to channel whatever pent-up repressed frustrations that have a hold on the British youth, the inevitable expressions they will produce will be impotent or worse counter-productive to their cause.
Here in the States, national news was made when a young rapper from Cleveland started a flash-mob at a local shopping mall.
MGK says, "We showed the power of our movement. These kids out here really give a fuck about us, and we really give a fuck about them." The problem here is that the "movement" is simply centered around selling records. It is about keeping people in the positions they already inhabit. It is about reproducing those social structures that give birth to the "art." So maybe the commentators for FOX News should be overjoyed about the young girls running and screaming in the mall because that's really where they want to be, not organizing for some radical political party. But maybe that's why we need to be scared--the young people, as evidenced by London and Cleveland, aren't organizing for some radical political party.
Tuesday, June 28, 2011
Is Bono too Radical?
Tuesday, April 5, 2011
We are Rock n Roll Narcissists!!!
Wednesday, February 23, 2011
Wednesday, January 5, 2011
Click "Like" to Save U2

I ran across an interesting article on the Irish web-site, Joe.ie today. The article highlights how much money U2 have recently made on Facebook. Apparently U2 owns 1.5% of Facebook, which doesn’t seem like a lot until you realize how much that time sucking web-site is worth. Last year, 1.5% of Facebook cost U2 $210 million. Today that 1.5% is worth $750 million! It’s good to be U2. The article also mentions that u2 made out pretty well having invested in Palm, which has been purchased by HP.
What is fascinating is that few artists have the ability to invest like U2, but when an artist can, maybe those artists are able to tap into, and thus help to move society in ways that their music cannot. I doubt that any of U2 music, up to this point at least, has in anyway influenced Facebook. But I have no doubt that their money has.
So what can we learn from this? Maybe investing in ideas that are positive (not that Facebook is positive!) is a way to create change in the world. Obviously there are socially conscious investing groups out there and there seems to be a trend with those types of funds growing.
The problem becomes can fundamental change happen quickly by working within the system? Given our recent track record—I’d say the answer is no. But maybe investing in a responsible way, is the least we can do. I wonder what the Rolling Stones’ portfolio looks like?