Laughter, Tears and Rage was the sole album produced by Act—the short musical collaboration between Thomas Leer and ex-Propaganda vocalist Claudia Brücken. Originally scheduled to be titled Name Dropping: Songs for Young Sinners, it was released on 27 June 1988 by ZTT Records. The album was deleted by ZTT in the early 90s. It was eventually reissued on CD in 2004, as a one disc album and as a three disc box set entitled Laughter, Tears and Rage – The Anthology.
Like most ZTT releases, the LP and CD releases differed quite a lot in track listing. The LP and cassette were both released as 12 tracks, while the CD was 14. However, a number of tracks were exclusive to each format. "Short Story" and "Theme from Laughter" were LP only, while "Poison" and "Bloodrush" were issued only on CD and cassette, and "Heaven Knows I'm Miserable Now" and "The 3rd Planet" were CD only.
A reissue of Laughter, Tears and Rage was released on 19 January 2004, with tracks that were released on the LP and CD version of the album, along with a number of remixes and B-sides. Also a 3-CD box set version was released, titled Laughter, Tears and Rage – The Anthology, comprising almost four hours of material. Apart from the reissued album on the first disc, a second disc anthologised the extended mixes, while a third disc features a collection of rare and unreleased remixes, and an unreleased track: "Body Electric".
The album was reissued in a further different configuration in 2015 under the title Love & Hate: A Compact Introduction. The release consisted of a "director's cut" of the album (comprising all of the original tracks plus "Body Electric", in a different order) on one CD, with various remixes and B-sides on a second CD.