Sorry, but Sting’s got it all over Dylan in terms of imagination and use of imagery. He’s not a contemporary, of course - he has the advantage of time.
***
Hes the king of the ninth world
The twisted son of the fog bells toll
In each and every lobster cage
A tortured human soul
These are the souls of broken factories
The subject slaves of the broken crown
The dead accounting of old guilty promises
These are the souls of the broken town
***
Hm, Greek/Roman mythology and imagery, adapted to modern times in a pop song. Not by Dylan.
Side comment here, not one taking issue with Sting, but just another aspect of song writing, if I may:
I have no way of knowing if you have children, I have two myself. For me, one of the greatest moments in my life was the first time I held my first son. The love, the feelings, the joy were all feelings welling up inside of me.
How many people over the ions have felt the same? A countless number I am sure.
Dylan did the same, he held his son for the first time and turned those feelings into a song, "Forever Young", he wrote it in about 90 seconds, the words going straight from mind to paper. It is apowerful song that captures that moment quite well.
My personal favorite version of that song is Rod Stewart's. Listen to that version and then I would welcome to hear back from you on your thoughts imagery and the expression of love from a father to a son in song.