Or (and this is a crazy idea here, I know), you can simply not introduce it. If you feel that strongly about it, then don't read it...don't play it. You have that right.
You know who else has the right to read it and enjoy the game and who often like to play it? A good majority of people who enjoy their eldritch horror.
But, I was just told that I could simply ignore the problematic elements of the work and introduce it to anyone and it wouldn't be a problem. But, now you're telling me that I shouldn't introduce it to just anyone, but, only to certain people apparently who hold certain points of view - ie. we can ignore the bigotry so long as the other ideas are cool enough. You don't see any problem with that? You don't see the issue when someone walks into an FLGS and sees that great big honking Cthulhu statue in the corner, or posters on the wall, or the games prominently displayed. Oh, yeah, that's welcoming. "Hello! Welcome to our hobby. Don't mind the racism."
I mean, you've mentioned Dr Seuss a few times now. But, you're ignoring context.
1. Schools ARE adjusting reading lists and syllabi to lessen the reliance on Seuss and to introduce more works from other authors, and,
2. Suess' problematic works are a very, very small amount of the total works that he produced and, are probably some of his least known and least taught works.
So, your example doesn't really say what you think it says. We already ARE stopping reading Dr. Seuss. Because it's recognized that there are other authors out there that are better examples of works that should be taught to children. AFAIK, Orson Scott Card isn't on scholastic reading lists (although I could be wrong). And, frankly, do you WANT him to be? Given that we have thousands of authors to choose from, many of which aren't raging bigots and homophobes, perhaps if you were designing a reading list for schools, you might skip that one.
I guess that's my basic point. There are literally thousands of authors, tens of thousands of works in the genre to choose from. Do we really need to enshrine THIS author in the game? Would removing the word Cthulhu from the description of Warlocks completely change how we understand GOO Warlocks? Heck, even if we removed GOO warlocks (which I'm NOT advocating), would the game radically change?
I'm not saying we should never look at Lovecraft. But, there's a difference between excising Lovecraft entirely and enshrining his works front and center in our hobby. AFAIK, Cthulhu is the only non-D&D setting reference in all of the 5e books. No other work gets mentioned at all. Umm, maybe not taking the sole example of a non-D&D bit of lore from someone whose writing makes Klansmen blush?