The Sequel to Peter Pan and Wendy

The "left-hand path" is the path of knowledge as opposed to blind faith.

It's a song about the loss of innocence as idealistic teenagers grow into blase adults. Case in point:

"And it's sad to fly higher - Wax wings melting; But we're ever so much more than twenty"

• Icarus was young and bold; he died. The speaker obviously didn't; conclusions may be drawn.