The film is a series of comedic sketches, loosely structured around the stages of human life, examining its significance and absurdities. It opens with a short segment called "The Crimson Permanent Assurance," where elderly office workers rebel against their corporate oppressors, turning their building into a pirate ship and setting off on an adventure. This serves as a surreal preface before the main narrative begins.

The opening scene after "The Crimson Permanent Assurance" sets the tone for a provocative and irreverent exploration of the human condition, with a birth segment depicting the impersonal, industrial nature of a hospital delivery room. The film proceeds to ruminate on various stages of life, including childhood and education, where pupils are humorously subjected to eccentric teachers and bizarre curriculum. As the film progresses, it tackles themes such as war, with soldiers being lectured on the battlefield about proper etiquette, and religion, where congregants witness surprising interpretations of faith. The storyline is interspersed with musical numbers that satirize the topics at hand, blending comedy with commentary.