Or you can argue that the entire trilogy is an allegory, contrary to what Tolkien has stated. There are many essays and books out there that explain Tolkien's intentions in writing the lord of the rings.
Or else, you can write about LOTR and WWII (Sauron=Hitler).
Or write about the one ring as a source of technology that is curruption, etc. blah blah, and theres always the environmental issue! Good luck!
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