The Song Analysis Of Money, By Pink Floyd

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The song I chose to do my project on is “Money” by Pink Floyd from their 1973 album The Dark Side of the Moon. I chose this song because I grew up listening to Pink Floyd on the old record player with my father and this song was one of his many favorites. He used to tell me about this song and how it was relevant in the 70’s and to this day the old cash register noise always brings back memories. The song itself was Pink Floyd’s first hit in the US. The song represents the American dream of getting more money and the thought of money solving all the problems. People spend a great amount of their life trying to gain more money, whether it is investing their money, purchasing lottery tickets, spending it in casinos, working for it, or even stealing it. This song is about the bad things money can bring. Overall, I picked this…show more content…
First, there are many relevant economic concepts throughout the song “Money”. The first verse of the song says, “Get a good job with more pay and you’re ok, money, it’s a gas, grab that cash with both hands and make a stash, new car, caviar, four star daydream, think I’ll buy me a football team.” This first verse focuses on the excesses of money, consumerism and peoples desire to grab and horde as much cash or wealth as possible. Consumerism is an economic concept that has to do with the belief that it is good for people to spend a lot of money on goods and services. The majority of people do seem to spend beyond their limits in an attempt to look higher on the socioeconomic scale. Also, the above lyrics mention buying a football team. A football team is a unique and exclusive good that has a relatively inelastic demand and comes at a very high price. A relatively inelastic demand means that relatively large changes in one variable (usually price) cause relatively small changes in another variable (usually quantity). In other words, quantity is not very responsive to price. These goods mentioned in the

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