Rutherford blamed the economic ills of his time and world on the "commercial jews."
The question is does a jw stop using such terms when they realize that they are racial or just use them among their "private" friends? Do they really believe that God watches and hears what they see?
"It has been the commercial Jews of the British-American
empire that have built up and carried on Big Business as a
means of exploiting and oppressing the peoples of many
nations." The Watchtower Society, 1934 submission to Hitler
Part I - The Declaration of Facts
My experience there are jws that know what they are saying is racist and those that haven't a clue.
Doubtless many of you have heard that the Jews shall again rule the earth. This has been much misunderstood. Not every man who is a descendant of Abraham is a Jew, by any means. Be it known once and for all that those profiteering, conscienceless, selfish men who call themselves Jews, and who control the greater portion of the finances of the world, will never be the rulers in this new earth. God would not risk such selfish men with such an important position. [12]
12. The Golden Age, Feb. 23, 1927, p. 343.
So, no, officially, the WTS does not feel it is proper but differentiates between deliberate and ignorant use. When no longer ignorant of the racial connotations, and a jw continues, truly makes you wonder if they believe God exists and hears them?
Blondie