'Hypnotic Eye' is due for release on July 29

Rock and Roll Hall of Fame inductee Tom Petty has opened up about his upcoming release ‘Hypnotic Eye’, revealing that the album’s subject matter will include what he perceives as the unchecked greed of the one percent and the Catholic Church sex scandals.

‘Hypnotic Eye’ is due for release on July 29 and will be Petty’s 13th album with his band The Heartbreakers.

Speaking to Billboard, Petty disclosed that the record will be politically-charged and was critical of America’s wealthy elite.

“Very few people know how to handle power and once they just become completely immoral, they’re dangerous people,” said Petty. “That attitude is what, to me, wipes out the middle class.”

Petty also spoke about ‘Playing Dumb’, a song he wrote a song about the victims of the Catholic clergy. ‘Playing Dumb’ will be included as a bonus track on the album’s vinyl release.

“If I was in a club, and I found out that there had been generations of people abusing children, and then that club was covering that up, I would quit the club. And I wouldn’t give them any more money,” asserted Petty.

According to album co-producer Mike Campbell, ‘Hypnotic Eye’ will be a return the sound of Petty’s early work.

“That was my first comment – how really urgent and committed he sounds on a song like ‘Fault Lines’. He sounds like he did on the first and second albums,” said Campbell.

In June, Petty unveiled ‘American Dream Plan B’, a new song that will feature on the album.