Holy moley, the Captain valiantly tries to protect people!
The dread flood!
Holey moley, he even takes on the Red Menace.
Gosh golly, that's 1950s America for you.
The difference....in 2004 the narrative is to be Captain Marvel, the demigod!
Shazam, the modern narrative even seems to contain a Sadean twist sometimes! Well, sans such twists, I prefer the updated version in various ways. It makes use of some interesting science fiction, goes deeper, etc. Who really wants to read "Holy moley, shazam!" all the time anyway? Of course, humanity is dead or dying in the postmodern narrative. I guess Captain Marvel was too busy becoming a narcissistic sort of demigod through technology.
What I wonder about is the nurtured innocence of old, vs. the barbaric nihilism of the postmodern. Comics were written for children, once upon a time. Are now the times when all childhood is lost? What is left that is for children? I suppose there are still childhood things, tucked away safely, and I am just not up to speed on my Sesame Street or what have you.
A semblance of childhood innocence extended into adulthood in the 1950s which was reflected in art and culture, I do not believe that is a bad thing.