Phillipa was right. It was written by Mickey MacConnell. I got my writers mixed up. Here are the lyrics.

PETER PAN AND ME

We knew we faced the power that comes from money
When we marched against the empire's mighty scheme
They were armed with special powers and legislation
while we were armed with youth and foolish dreams
But it seemed so right in Derry all that summer
When we took command and built our barricades
We were an army dressed in faded jeans and sandals
Too young and full of pride to be afraid
And we believed in things like justice, truth & freedom
And we believed we had a right to liberty
And we believed that we could build a new tomorrow
That's how it seemed to Pater Pan and me.

But we soon learned the truth of street rebellion
As our city crumbled round us stone by stone
Betrayed by those that promised they would help us
Against tanks and troops and guns we stood alone
Revolution is no game for foolish dreamers
For dreamers never know the price that must be paid
And before long we learned all power comes from a rifle
And we learned to bleed and die and be afraid
And soon no one spoke of justice, truth or freedom
And soon no one gave a damn for liberty
And all we hoped was that we might go on surviving
We grew up fast, young Peter Pan and me.

Then the empire dealt us death and fear and prison
There's no mercy from that milit'ry machine
And their street kids lost their faded jeans & sandals
For hoods and guns with loaded magazines
Now the years have wrought their cruel retribution
And our brothers and their sisters bear the pain
As both sides strive for violent solutions
And the politicians play their deadly game
And among the dead lie justice, truth & freedom
And among the dead lie hope and liberty
But if you care enough about brave new tomorrows
Pull up a chair, join Peter Pan & me.

Jack Murray ^^