Lyric discussion by toodlepipsigner 

Cover art for Oscar Wilde lyrics by Company of Thieves

This song is basically saying to be yourself. Its mentioning of Oscar Wilde indicates that, as he was shunned from society for being himself. An "Oscar Wilde confrontation" is therefore a look in the mirror-- an acceptance of who or what you are. "We are each our own devil and we make this world our hell" was an actual quote from Oscar Wilde, and it describes the mess that is made of our lives when we lie to ourselves and to others. Our problems and our virtues are our own, and if we all cope with that the world will be a better place.

My Interpretation