It's like a pantomime in which the Ugly Sisters, Cinderella and Aladdin all end up bleeding to death. Or a rip-roaring production of King Lear in which you know some of the pile of bodies on stage at the end will be real corpses.
It's like Lear in another way too. A story in which a leader's stupidity results in his kingdom being split in three.
To misquote another great tragedy, nothing in Michael Gove's political life became him like the leaving of it.
OK, he's still technically in the leadership race, but it's one he can't win - and apparently never wanted to. The whole point of his standing was to ensure his mate didn't. And for that act of self-sacrifice we should all be eternally grateful.
As in Lear, Macbeth or Hamlet, the leader who emerges at the end is someone we've hardly heard from in the course of the play. Although, this being modern drama - and the Tory party at that - we probably shouldn't stake the house on Theresa May becoming Prime Minister until the final curtain on September 9.
And if she does get the keys to No 10, what sort of leader will she be? Who knows? Do you?
Her speech announcing her candidacy was one of the best and calmest we've heard lately. Her line about being in politics for public service rather than ideology (i.e. like Gove) or personal ambition (like Johnson) was reassuring. As it was meant to be.
But how will the Remainer manage Brexit? Better, surely, than any of the more rabid alternatives. Well, we can hope.
All this bloodletting and uncertainty on the Government benches should have made it the perfect time for the Opposition to take advantage. What a crying shame, then, that Labour chose it as the moment to embark on their own civil war.
Yes, Jeremy Corbyn gave a less than stellar performance in the referendum campaign. No less stellar, though, than May's.
And it was no battleground of Labour's choosing. In fact, as it turns out, it might have stood Corbyn in better stead if he'd backed the other side.
In cynically choosing this time for their long-planned rebellion, the great rabble of Labour MPs have shown how out of step they are with their own party. Corbyn hasn't purged the Blairite right - they have purged themselves.
The supposedly "unelectable" Corbyn was elected leader by a greater margin than any other leader in the party's history. Labour has won every by-election and every mayoral election on his watch. No other politician comes close to attracting as many supporters to their public appearances. Is he really less electable than Angela Eagle?
It may be that he appeals more to a politicised Labour core than he does in the strong working-class areas Labour has relied on in the past. Areas where labour is what you do, not the badge you wear. Areas which showed their dislike of national politics by voting to leave Europe.
But are those areas more likely to back a Blairite suit than a decent man who speaks his mind quietly and backs the rights and welfare of workers, the sick and the unemployed?
At the very least, Corbyn should be granted the chance to put it to the test.
Or perhaps - since there is no real reason to expect a General Election before 2020, when Corbyn will be a few days short of 71 - a successor in his political mould. One, perhaps, with a little more of the Messianic to go with the hard work, plain speaking and moral clarity.
Someone, maybe, like Corbyn's newly appointed shadow defence secretary Clive Lewis, the Norwich South MP.
Yes, he's only been in Parliament since last year. But like nearly all of Corbyn's new front bench, he has real experience of life beyond politics. And in the current climate newness to Westminster should be seen as a strength, not a weakness.
The greatest blame lies with Osborne and 'austerity'
That old trouper Michael Heseltine certainly played to the gallery with his assault on Boris Johnson - "the general who abandons the battleground".
"He has created the greatest constitutional crisis in peacetime in my life," he said. True - though Boris didn't do it on his own.
“He has knocked billions off the value of the savings of the British people.” Also true. And also not Johnson's sole responsibility.
More than anyone or anything else, the mess we're now in was created by George Osborne.
His ill-considered, mean and divisive policy of so-called austerity has never worked even on its own terms.
The sustained attack on Britain's poorest, and on its working populations, caused the unrest that led to the Brexit vote. And that vote has directly and instantly cost the national economy more than Osborne even claimed to have saved.