I was watching the video on NPGMC and most of it was about Prince being in a LIFETIME contract with WB (very different than my thoughts about the song)

What do some of you Prince experts think the song was about?

I'm no expert, but I thought it was simply an anti-racism song. I'll have to go and listen to it now.

Hmm, I always thought this song had a very double meaning.
It seems to me that it is one of the few songs in which he
tried to make light of his signing to WB again in 1991


but ah, you only know what you know and ah
you only see what your heart will show


coupled with the clip, it made me think that eventhough
he signed with Warners again, he was saying that he had
grown spiritually and become a better, less materialist
person and therefore now knew a lot more than he did at
the time he signed up again.

which is typical Prince, to peddle back on something and
write it off as something "spiritualy undeveloped". brr.

The whole songs thus becomes a metaphore of people who
want something to begin with but once they have it they
feel that something is missing: spirituality/god.

Thus, after embracing this god, from which we all stem
and to which we will all return (according to Prince),
one becomes a better person and is able to make other
choices. -and in his weird logic, also has a right to
simply write off past choices under this new rule, as
if they have no substance since they were made at time
when he wasn't as "complete" as he is now.

Great Job!!!