I think we can do a sort of differential analysis of the propaganda by looking at the coverage of events then and now. Back then, the USSR was repressing dissidents and engaging in proxy wars with the US; and became the universal bugbear, reviled in film and popular culture.
Nowadays, Russia is repressing dissidents and engaging in proxy wars with the US, including shooting down a civilian airliner; but the propaganda intensity is much lower. Is that because Russia is nominally capitalist and run by oligarchs who park their money in the West?