I don't see satire as necessarily being socially or politically driven. It can for example be directed at art itself (which it is here).

One could argue it's a social criticism of 80's exploitation films and Michael Bay movies.

> Michael Bay movies.

which are also social criticism themselves ... a social criticism of a social criticism ? now everything looks like post-modernism lol... Seriously, there is no social criticism here, just tropes of 80's movies.