I've noted this before, but for the West, I think there are two sorts of socialism
The one in practice and already making some extremely centralized totalitarian economy and with leaders wearing drab worker and military suits
And the Star Trek Hippy free love one with everybody being allies and part of some UN-Expy or having all dissolved
The latter will differentiate itself from the first due to stuff like aesthetics and not really liking the brutal worker & soldier part
Okay, let me put this particular question to rest. Hollywood is indeed a very powerful voice in the world due to the extent of media influence. That said,
Hollywood is going to look really stupid if they are seen in any way to be sympathetic to Communists, especially the Soviet Union.
Let's retrace what's happened so far:
Gorbachev who was celebrated as a reformer by the West has been shot along with his wife, burned to ash and scattered across some unnamed lake. The same more or less has happened to just about everyone that was in the Kremlin that chose to associate with him: Shervernadze, Yeltsin, etc. Soviet reforms are dead, Long Live Socialism! To add further salt to the wound, the Soviets and their more die-hard allies like East Germany, who were sometimes even more red and psycho than the Soviets, have instituted Chinese-style crackdowns involving mass arrests and shootings of other reformers, Egon Krenz among them (though admittedly Krenz was far more of a pragmatist than an actual reformer and wasn't all that well regarded by many East Germans either).
The ones who successfully defected from the Soviet Union and it's sphere of influence, among them real-life KGB personalities like Vasili Mitrohkin and Oleg Kalugin, along with real-life Biopreparat research Kanatzhan Alibekov brought with them a trove of information that blew the lid off some current Soviet operations around this time, including some current KGB operations around the world including within the United States, as well as possible connections to various individuals (and who could those be...?), and most significantly, the revelation of the real-life Biopreparat weapons program.
It cannot be stressed enough just how much of a significant game-changer the revelation of Biopreparat really is. By the revelation of this the Soviets have completely discredited the 1972 Biological Weapons Treaty which was a pretty damn big deal, and this was something ratified by Nixon of all people. It was the same treaty that the Soviets, North Koreans, Chinese and their lackeys including similar minded people like Noam Chomsky (Chomsky has often been fond of claiming the US used biological weapons against Cuba) often accused the US of violating as part of propaganda efforts. The Biological Treaty for all intents and purposes which was seen as a significant step toward creating a "detente" between the global powers is effectively dead in the water at this point. Any credibility the Soviets have had with the West is also now dead at this point. And now, the West has to grapple with the threat of not just a nuclear threat as there are no SALT treaties to speak of, but a very imminent biological weapons threat as well. The Soviets don't really seem such friendly and trustworthy guys after all. Detente, rest in peace.
There is also the whole mess that went down in Mexico. Yes, it was a very stupid move by some personas in Mexico, and the USSR didn't have anything to do with this as they're not that stupid to try such a blatant provocation to set up a Socialist country with Soviet armaments right on America's doorstep, they saw how that went down in October 1962. But the images CNN, NBC, CBS, ABC and BBC blared around the world of warehouse stocked full of Soviet armaments didn't help....yes, they were in fact from Cuba, but then again Cuba's a close ally of the Soviets. The Soviet's bungled operation to try to blow up the warehouses resulting with one Vympel commando captured and several more found dead didn't help matters. Not to mention...the innumerable Americans dead from the border incident and the many more casualties the US military endured with GREEN FOX when they intervened/invaded in Mexico. And yes, Mexico was found to be crawling with Cubans, Libyans, mercenaries hired by Khaddafi and Nicaraguan Sandinistas who were all shooting at the Americans.
Let's just say Reagan along with a good chunk of America are seriously pissed off at this point.
The cherry on the whole cake is the current Soviet junta's attitude toward the West, especially the Americans and what statements they've made, basically pushing the Cold War which has gone into a high note by the mid 80's to a level perhaps not seen since it's heyday earlier in the 1950's and 1960's. The Kremlin have basically convinced themselves war is inevitable and while they're not quite saying war is inevitable in the West, the Western governments are now prepping for it in spite of pleas for peace from figures like the Pope.
So, what does this mean for Hollywood? Hollywood will remain Hollywood, liberal and such, but they're not going to start trying to enact the days of Vietnam, at least not now. In fact, with the secrets that got spilled by the Soviet defectors, there's probably at least a few in Hollywood that just got paid visits by the Feds who basically told them they have evidence they were in bed, in some cases literally with Soviet-friendly assets. It would really suck in the current climate if all that came out as a front page story in the Washington Post and New York Times, wouldn't it?