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This artwork, called 'Mollywood' is created by Raul Balai, an artist coming from Amsterdam, The Netherlands, for the occasion of the Façade 2022 festival. The artist has deliberately placed this artwork in front of the municipal office in Middelburg, Zeeland, The Netherlands. It consists of a total of 53 letters along the 'Canal through Walcheren'. Each letter is 3 meters (about 10 feet) high. The letters form a sentence that reads: 'HOW OUR EXPLOITATIVE STATE OF MIND FRAMES THE SHAPE OF THE WORLD'.
Raul Balai says: "Here, it is all about prestige. You can see the system of exploitation being reflected. The canal as a connection to the other side of the world refers to colonialism. My work often touches on that theme. But I don't want to link exploitation only to that. There are two archetypes in Dutch society: the merchant and the minister. The merchant always wins, unfortunately. We must move towards a system in which money isn't being put over people."
By the way: happily, the ancient naval cannon isn't pointed into a direction of the artwork, so it doesn't pose a threat to the artwork, else it would be a contribution for Manic Monday (M²).
PS: I can't rule out that 'Mollywood' is a Middelburg persiflage of the iconic Hollywood sign.