I don't know about elsewhere, but in the UK GCSE and A level both have options for the Cold War - most of which end in 1989, and the OCR GCSE certainly has a section on themes, including the Cold War and fall of the Wall (something like 1945-1997).
Children are of course properly taught of the evils of capitalism in other subjects.
As a side note, educational systems are always biased from any point of view - for example I was taught (as an example) that Stalinism was the natural consequence of Communism, something I now completely disagree with - it's just what my teacher thought. Especially in subjects with 'subjective' or opinion-related answers, bias is always present, but it can go either way.
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