Like any song, regardless of context, there is always room for interpretation. For me, I think the song defines a moment of clarity for someone. IN a world we we all strive to "fit in" and to "make a name for ourselves", we all reach a point where we realize that in the end, the most important thing that defines you is WHO you are, not WHAT you are. It also speaks about true friendship - not only do we, as a collective, get wrapped up in our own worlds, we tend to take for granted those who stand beside us and help us through it all.
This song recognizes the importance of friendship and, as it relates to the story, it's the moment where Mark and Roger realize that they need each other to be who they want to be.
MARK
Don't breathe too deep.
Don't think all day
Dive into work,
Drive the other way
That drip of hurt.
That pint of shame
Goes away. Just play the game
You're living in America
At the end of the millenium
You're living in America
Leave your conscience at the tone
And when you're living in America
At the end of the millenium
You're what you own
ROGER
The filmmaker cannot see
MARK
And the songwriter cannot hear
ROGER
Yet I see Mimi everywhere
MARK
Angel's voice is in my ear
ROGER
Just tighten those shoulders
MARK
Just clench your jaw 'til you frown
ROGER
Just don't let go
BOTH
Or you may drown
You're living in America
At the end of the millenium
You're living in America
Where it's like the Twilight Zone
And when you're living in America
At the end of the millenium
You're what you own
So I own not a notion
I escape and ape content
I don't own emotion - I rent
MARK
What was it about that night
ROGER
What was it about that night
BOTH
Connection - in an isolating age
For once the shadows gave way to light
For once I didn't disengage
MARK
Angel - I hear you - I hear it
I see it - I see it
My film!
ROGER
Mimi I see you
I see it - I hear it - I hear it
My song!
MARK
Alexi - Mark
Call me a hypocrite
I need to finish my own film
I quit!
ROGER
One song - glory
Mimi
Your eyes
BOTH
Dying in America
At the end of the millenium
We're dying in America
To come into our own
And when you're dying in America
At the end of the millenium
You're not alone
I'm not alone
I'M NOT ALONE!!
You're what you own...so powerful when you think about it.