The comments here do a great job of demonstrating how the lyrics of this song are so vague that anyone can apply them to anything however they wish. I think most people can relate to admiring an organization or institution, then finding disillusionment after learning its power structure is corrupt. It could be a song about the music industry. It could be a song about organized religion. It could be a song about politicians, or activist organizations, or academic institutions. It could be about literally anything, and that's why this song has such wide appeal.
The comments here do a great job of demonstrating how the lyrics of this song are so vague that anyone can apply them to anything however they wish. I think most people can relate to admiring an organization or institution, then finding disillusionment after learning its power structure is corrupt. It could be a song about the music industry. It could be a song about organized religion. It could be a song about politicians, or activist organizations, or academic institutions. It could be about literally anything, and that's why this song has such wide appeal.