Lyric discussion by davidmigl 

I haven't thought this through yet, but here goes my interpretation:

The song is about someone blaming society for the depraved way he has become.

First, the person to whom the song speaks obviously hasn't had a very peaceful childhood; INNOCENCE ROBBED AT EARLY STAGE, and now the pain that he has suffered just engenders more hurt and pain (PAIN GIVES BIRTH TO PAIN)

The person realizes that he is depraved, but becomes swollen with pride and blames society for his state (DESPISE YOURSELF TO SWELL WITH PRIDE). Schwab says this is just a delusion and "AN ATTEMPT TO DENY."

The next line shows why I think he is blaming society: "BLAME EVERYONE BUT YOURSELF." Schwab states that the problem lies within the man, not his influences. Schwab further calls his opponent's arguments marginal (YOUR SO-CALLED ARGUMENTS TOE THE LINE). The "TWOFOLD EDGE OF HATE" is the person's hate for himself and for society for supposedly making him the way he is.

Schwab points to the fact that all men are sinful and stand condemned apart from Christ (THE FACT THAT THERE'S A DEBT TO PAY) (Christ has paid that debt.) The repetition of "BLAME EVERYONE BUT YOURSELF" shows that Schwab is saying that the problem lies within the man, not without.

Perhaps the man is wishing for judgment on society, so Schwab states that the man will be surprised when he finally gets his wish for judgment on the thing that made him so bad - himself, not soceity. ("BE CAREFUL WHAT YOU ASKED FOR," "WITH JUDGMENT.")

Schwab then calls his opponent's arguments vacuous ("YOU'VE GOT A LOT OF NOTHING TO SAY) and hateful ("YOU'VE GOT A LOT OF HATE TO SPRAY.")

Anyway, in a nutshell: Someone states that he is bad because society made him that way. Schwab vehemently points out that the problem lies within the person in his sin nature, and not with society.

An error occured.