What's the intention of "(What's So Funny 'Bout) Peace, Love And Understanding"?

Agree with Thudlow. I think it’s to be taken at face value, but I don’t see it as a plea to follow these ideals. No where does he say we should have more PL&U, it’s just a cynical commentary that these ideals are treated like a joke.

I challenge anyone to point to a single line that has any hint of hope. [full lyrics here]