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The erosion of Hollywood

  “We live in capitalism. Its power seems inescapable. So did the divine right of Kings” This quote written by Ursula K. Le Guin reminds us that no system of power is immune to change. The divine right of kings once symbolized an eternal authority only to be dismantled by shifts in political and social consciousness. Similarly, Hollywood for a long time was an uncontested cultural juggernaut of the United States, finds itself at a pivotal moment. Its influence, once unshakable, now faces different challenges in an increasingly multipolar world. The emergence of new cultural hubs, a backlash against progressive values and the waning of American cultural hegemony reflects the new dynamic of global storytelling and, in the end, of global power. First of all, for much of the 20 th century, Hollywood symbolized American soft power.   Films like Casablanca , Forrest Gump or ET have embodied values of democracy, justice and freedom, thereby projecting a vision of the America...

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