Ah, the 1980s. Forever associated, in film, TV, and theater, with shoulder pads, big hair, cocaine, and more cocaine. It makes sense that the invention of male exotic dancers took place in the “greed is good” era of American pop culture, but it is slightly more surprising to learn that the inventor in question was a Bengali man, originally from Mumbai, named Somen Banerjee. And while intriguing narratives abound in “Welcome to Chippendales,” the new Hulu limited series about Banerjee’s short life, almost all the stories are torn between showing and telling, criticizing and empathizing. Unable to pick a side, or do justice to both, the writing falls flat, taking the actors down with it.