Well, of course. There's still a lot of liberals around ;-) and people that want to be 'in'. Lol. Like that communist book that Chavez gave to Obama went to a top seller on Amazon. That guy will probably get an award now. It means nothing to me and to a whole lot of people who don't want to contribute one cent toward any of their 'causes'.
However, if you regard cinema as trivial to begin with thats different.
Propaganda isn't trivial, but it's still propaganda, and should be acknowledged for what it is. I'll even say that as propaganda goes, sometimes it is well done and perhaps that's the standard that is used in the award shows by the fellow travelers that vote.
Stow the hyperbole. Most Oscars go to technicians and craftsmen. Most Best Picture winners tend to be fairly conservative (Slumdog Millionare, Shakespeare in Love).