“I thought I had a little bread, enough to get by. I found I didn’t [because $5 million was embezzled from his retirement account] – for which I’m very grateful because it spurred a lot of activity.” Leonard Cohen

Is financial necessity good or bad for art?

 

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I think it levels the ground. I never had huge amounts of money when I was young. I had huge amounts of fame, and I always had the sense of labor and recompense. I always said I don’t want to work for pay, but I want to get paid for my work. Financial necessity of course arose in a very acute manner a few years ago. [His then-manager stole over $5 million from his retirement account.] I thought I had a little bread, enough to get by. I found I didn’t – for which I’m very grateful because it spurred a lot of activity.

 

Leonard Cohen

 

Leonard Cohen on Longevity, Money, Poetry and Sandwiches by Gavin Edwards (Rolling Stone: Sept 19, 2014). Photo by Lorca Cohen.

I am republishing selected posts from my former Leonard Cohen site, Cohencentric, here on AllanShowalter.com (these posts can be found at Leonard Cohen). This entry was originally posted June 20, 2018.

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