That is a near perfect critique of culture - commercialism, religion, education, media - and how humans eventually behave - with greed, phony respectability and games.
That song caught me by surprise, basically by how mature it was, being at the end of Bringing It All Back Home too, which was an early one. Wow.
Probably should have received more airplay than it did, but it was early and the song says things that people don't necessarily want to hear. Sort of pushing their faces in it, you know?