We may profit from others' instructive calamities, but let's not forget the entertainment value.
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Story behind the song
Caveat emptor, et alia (let the buyer beware, and everyone else).
Lyrics
How often have we heard the story
Complete with all the detail gory
Human folly, doomed to fail
The bitter lesson of the cautionary tale
And after all, we can't resist
The tragic flaw, the catastrophic twist
This entertainment serves a purpose
Of good old-fashioned bread and circus
Offered on a modest scale
The guilty pleasures of the cautionary
A fatal weakness for the cautionary tale