* That Joker's origin story may be invented, either consciously or subconsciously by Joker as a manifestation of his madness. Much of the art suggests that certain things simply aren't real: for example, everything in the past is a hazy gray color, including his wife, except the food--it's always bright red, as if it's the one thing that is taken from his past. Also, there's a photo of a family in his squalid apartment, but his wife hasn't given birth yet. So who is it? Are these borrowed memories?
* That Batman isn't Batman in this comic: he, too, is a manifestation of Joker's madness, and the entire story is his attempt to 'break' Batman by making him laugh. And in his version of events, he does...which is why Batman acts so uncharacteristic throughout the story, and especially at the end with the strange laughter at a pretty tame joke (note: Joker's wife also laughs maniacally at a joke that isn't even a joke--more a nasty comment).
* That Joker and Batman need to play this 'game' with each other, since there really can't be one without the other. Batman has a psychological need for Joker, since it justifies his existence. Otherwise, why dress up as a "flying rat" simply to catch a few crooks? One madman deserves another, after all! But has the game gotten out of control? Each one seems to think so: Joker ratchets up the stakes, as if to challenge Batman to end things once and for all, and Batman is desperate not to take the game to its inevitable conclusion. It's like of like a kid trying to stay outside for a few more minutes when it's long past time to come home.
As Jules Fieffer writes in The Great Comic Book Heroes (1965): "What made Batman interesting, then, was not his strength but his story line. Batman, as a feature, was infinitely better plotted, better villained, and better looking than Superman. Batman inhabited a world where no one, no matter the time of day, cast anything but long shadows—seen from weird perspectives. Batman’s world was scary; Superman’s, never."
Finally, I used a passage from Sigmund Freud to discuss the appeal of Joker and supervillains: like superheroes, they are a representation of "us," the normal people. But they suggest we're all monsters inside, and that if we ignore this potential for monstrosity, society breeds even more monsters and criminals. Batman is the "dark knight" because he refuses to ignore his inner darkness, and instead, embraces is to create something powerful. As Freud writes in Totem and Taboo:
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