I guess you're unaware of independent films. 12 Years a Slave would absolutely be made, regardless of a non-blockbuster budget. There are always going to be people trying to make art or assist in doing so, without the intention of making an absurd amount of money. Why do these actors even need millions for a movie? Its an absurd amount that is more than necessary.
That is a different argument. Why do actors "need" millions? Because the movie makes millions. Perhaps the problem is the cost of the individual ticket is too high?
While there are some good independent films, many aren't very good. Generally (at least to me) a high quality hollywood blockbuster is more entertaining (and more polished) than a low budget film. I'd be fairly disappointed if we lost the blockbusters and only had low budget amateur films left.