Sunday, February 10, 2013

Money Wisdom #80

"It was the pointlessness of the whole thing that got to people. When it was revealed in 2000 that Elton John had somehow spent £40 million in 20 months, including £293,000 on flowers, people reacted differently. There was much head shaking, tutting and many jokes. but generally speaking people didn't take it personally. It was Elton John's money after all, and his extravagance seemed in keeping with the personality that earned him that money in the first place. His wasted money, at the very least, had made a number of florists happy.

When Cauty and Drummond wasted their money it felt it different. Seeing video footage of the burning was a genuine shock. Their money looked like kidney dialysis machines, beds in homeless shelters or funding for young artists in a way that Elton John's wasted money didn't. This wasn't money being wasted; it was money being negated. The argument that it was their money, and they could do what they liked with it, didn't ring true. What they had done felt wrong."

JMR Higgs KLF: Chaos Magic Music Money [Kindle Edition] (2012) 127/3140

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