Captain America is one of those heroes for which it is hard to come up with a contemporary story. He made perfect sense in the WWII era, when an incarnation of American freedom would be welcomed with open arms.
But today? It would be just another super guy flick. How would they work the America into the story? Our nation is divided politically, worse than it ever has been. For half of the country, Captain America would be someone who would stand for capitalism, right-to-life, church, and small government. The other half would be craving big government, freedom from religion, and socialism.
Who is Captain America today? What does he believe in? And no matter how you slice it, you're offending half of Americans.
One way to be safe, I guess, would be to have him fighting an extraterrestrial menace. Stay out of politics; no Iraq/Afghanistan/Iran/North korea intervention. Have him face an enemy we could all agree on.











They should do the Cap vs Black Panther story from WWII. Good stuff and could lead to a modern Black Panther movie.
Since they have Sebastian Stan signed to a multiple movie contract, they could do the Winter Soldier storyline.
Just think how glorious it would be for Marvel to get all of their film rights back and do a Civil War movie (complete with the death of Cap) which would lead into a Secret Invasion movie, leading to Dark Reign, Siege and finally the Heroic Age.