

David Keenan gives a same statement, adding that the song deals with theme of initiatory approach to experience which was concurrent theme throughout later Coil's work. A Coil Magazine editors John Sanders and Mike Gaffney interpreted the song's lyrics as a hymn to Pan as an incarnate of liberating aspect of chaos. According to Balance, "Panic" is intended to be "about the deliberate nurture of states of mind usually regarded as dangerous and insane," and is also about "using a fear as a key to crystallize and inspire." Balance also writes about a so-called "murder in reverse" that means "performing psychic surgery - in order to restore the whole being." Liner notes for the single feature the similar text, and so does A Coil Magazine which was published in 1987.

The liner notes of Scatology feature an extended commentary on the song, allegedly written by John Balance. The song ends with a vocal outro chanting, "The only thing to fear is fear itself". Musically, the song contains use of guitar feedback, rhythmic drum machine parts and Balance's "feral" vocal styling. It is four minutes and twenty-one seconds long, and is the second track on both vinyl and compact disc versions of Scatology. "Panic" was written by John Balance, Peter Christopherson, and J. The music video for "Tainted Love", directed by the band's member Peter Christopherson and featuring Marc Almond, has caused a minor controversy during its release, and has been purchased by the Museum of Modern Art. " Tainted Love", originally written by Ed Cobb and popularly known after its recording by new wave duo Soft Cell, was included as the B-side, having been drastically re-arranged to reflect HIV/AIDS epidemic, emerged in the early 1980s. "Panic", co-written and co-produced by the band with JG Thirlwell, is the second track on Scatology, and explores the theme of an initiatory approach to experience, as well as the using of fear its remixed version is featured on the single's A-side. Originally released on twelve-inch vinyl discs, the single was regarded as the first AIDS benefit release, and has been reissued several times on compact discs. These were released in 1985 through Some Bizzare in the UK and Wax Trax! Records in the US respectively, as the band's first single, and the sole one from their 1984 debut studio album, Scatology. "Panic" and "Tainted Love" are songs recorded by British experimental music band Coil.
