New Monkey by Elliott Smith is a reflection on the struggles and pressures of life, possibly touching on themes of addiction, personal demons, and the search for identity. The lyrics suggest a sense of feeling trapped or burdened, with references to a 'new monkey' possibly symbolizing a new addiction or vice that has taken hold. Smith uses vivid imagery and emotional depth to convey the internal turmoil and the yearning for change or freedom. The song resonates with melancholy and introspection, characteristic of Smith's poignant songwriting style.