11.01.2005

And Maybe Ronald Reagan Is Responsible For Rap-Rock

"Rock ‘N' Roll As Real Estate: Is Alan Greenspan the Father of Electro-Clash?"

via Cinemocracy, who explains it thusly:
The basic premise of the article is this: You can’t have a garage band if you don’t have a garage, and you won’t have a garage if you don’t own a home. Chances are, these days, that you don’t own a home, because the recent housing bubble caused such inflation in the price of a single-family residence that bourgeois families (i.e., those who are predisposed to have children who want to play in a garage band) can no longer afford to own a home. No home, no garage; no garage, no space for a full drum set. Consequently, aspiring rock stars -- specifically those who form part of the “Electro-Clash” movement and “the semi-acoustic/psychedelic ‘folk’ revival” movement -- have to make do with smaller instruments, such as drum machines and various other compact synthesizers, tools that allow them to practice and compose without taking up a lot of space.

So what sparked this whole causal chain? Alan Greenspan, of course, whose policy of letting the economy run hot with obnoxiously low interest rates gave people the impetus to invest, en masse, in real property, thus squeezing the garage bands out of the garages and into the 600 sq. ft. Jr. 1BRs in the gentrified former slum downtown.

4 Comments:

Blogger Mike said...

Loses me at Alan Greenspan - there would still be 600-square-foot Manhattan and Brooklyn studios even without him - but the theme is spot on. You can't have a full band if you're living in a tiny apartment.

11:18 AM, November 01, 2005  
Blogger JLM said...

Yeah, I thought the theory was more humorous than accurate. Just thought I'd share it.

1:45 PM, November 01, 2005  
Blogger mary said...

good call, jlm. I nearly fell off my chair when I heard ian svenonious on mpbn talking about electroclash. what is my public radio coming to!!! I want more debussy!!!!!!

4:54 PM, November 02, 2005  
Anonymous mbc3 said...

Thank you for the link

8:45 PM, August 26, 2010  

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