A boy saved a fish, and then the fish became a mermaid. He loved her so much and decides to take her home. Although when he showed the mermaid to his parents, his parents only saw a fish -the mermaid was a figure from the boy's imagination.
The adults brainwashes the boy not to imagine. Still, the boy couldn't forget about the mermaid totally.
At the end, with everybody in the town looking, the boy goes into the ocean with the fish. Then far out in the ocean, people see two figures that looks like mermaids.
Well, I think there are two ways to see this last scene. One is to think that the boy became a mermaid (maybe merman to be exact) and swam off with the mermaid to where he is free and can think anything he wants. Happily ever after. Another way is that to think he died, just because he couldn't forget about his imaginary friend, since there are no such things as mermaids he can't live in the water.
Any way it makes us think about free thoughts. This clip is against suppressing thoughts and I'm with it too.
Answering Kaho's question, I believe if imagining is banned, I can only have a short life. You can't have progress if you can't dream. In such a world I don't think I can even think to go against it and will be bored to death.