Complete and utter royalist propaganda. Terrible propaganda at that. [Take a seat, he's feeling impassioned by this-] I have three main complaints.
First, the overstated metaphor of the entire narrative: the land where a prince does not rule his people is cold and barren- winter in the middle of summer. The people without their 'rightful' ruler are little, small-minded, scared by the mere mention of magic and other superstitious nonsense. Yet once their lord returns the sun shines and the people are overjoyed.
Second, the lesson this arrogant prince is completely incidental to his true crime. His treatment of the servants cursed alongside him, and, we can safely assume, the people under his rule. His love for the young woman shows no sign of redeeming this fault as he returns to his opulent lifestyle once his humanity is restored to him.
Which brings me to my final, and greatest, complaint: they set the young woman up as a progressive and educated ideal for the masses, only to have her fall in love with the prince- the very symbol of their oppression! We, it must be inferred, are likewise to see the monarch as an at-times boorish but kind-at-heart and benevolent force in our lives.
Bah. How any reasonable, well-informed person can be entertained by such insipid pandering to the crown is beyond me. It is intolerable.