Originally Posted by
sodascouts
OK, I've listened to the song a few times and I've found an interpretation I'm satisfied with.
The song is indeed about people ignoring what's going on around them - the world going to Hell in a Handbasket and everybody too self-involved to notice.
However, perhaps when he says "And the band played on" he means that it's a musician's duty to keep playing even when all this bad stuff is happening, because music still has power to help people. After all, he's a musician, and he uses music to speak out. Maybe, just like the band on the Titanic, musicians persisting in their craft will make a difference and make the world a better place.
In this interp, the band on the Titanic are held up as admirable men, not as selfish out-of-touch idiots unable to look beyond their own noses to see the destruction around them. "Admirable" works a lot better for me.
Nonetheless, I find the music doesn't really seem to work with the lyrics. It has this Eastern feel and the criticism seems directed primarily at the Western world. After all, hasn't Joe recently been enthralled by Eastern religion, as his BFF Ringo was so many years ago? Therefore, putting these lyrics to Eastern music doesn't make sense to me; in fact, I find it jarring.
I cast my vote for Band Played On.