I think the movie made a bold gambit to be set in a recognizable near future real world to reflect the human condition, the risks are for it to hit too close to home thereby turning people off and for it to be taken to represent sides in the real world it does not intend to represent. But that's what differentiates meaningful artwork from button pressing entertainment.
There was no accusation of hypocrisy in American culture at all. The movie shows how a sensationalist AV-bite media is alternately manipulated, manipulative, doesn't provide sufficient coverage, yet also brings important facts to light. There is a complex presentation of corporations and its constituent members' utility and benevolence, greed and arrogance, and power relationships with the public and government. There is also a pretty neutral and accurate portrayal of the democratic and republican elements of the American political system at work. There was no gratuitous violence or sex, yet the violence present was also not very spectacular so that may not be a good thing. The movie doesn't get too deep into the technology but what is shown is definitely realistic or near-realistic. Scenes of manual work on robocop does seem archaic, it would have been both more cool and more convincing to have robotic tools working on him instead.
The choice of robots in Iran rather than say Iraq and the suicide bombing team as well as the paddy fields just outside the factory in China are classic Hollywood exoticism and jumbling real life. They are definitely flaws, but not unique to this movie and are just set pieces that don't alter the main messages of the movie.
*SPOILER ALERT*
Murphy and his family were a bit underdeveloped as both characters and relationships, if this was done better it definitely would have helped but not altered the main messages of the movie. Murphy being made into a tool and subsequently regaining his individuality is as American a theme as they come. Mrs. Murphy is also as strong a character as possible in the movie's scenario and no mere damsel in distress.
The biggest problems I have with the movie is the relative helplessness of the police on Murphy's side and the killing of Michael Keaton's character towards the end of the movie. It would have kept with the tone of the movie better to end with the police on Murphy's side arresting a living Michael Keaton who had inadvertently confessed.