Depends on who you talk to. To many that IS capitalism. Do other things and it requires a modifier such as crony, etc.

Which the concept of applying a modifier is not unique to capitalism either. Crony can just as easily be applied to socialism and communism and in truth if I were to blame the failing of any of these systems on something it would be that single modifier.

Yet only one of those systems does not start out at the outset already having a crony situation (favored by those that govern, direct).

So now when I say capitalism without a modifier. I speak of Free Market. You've read enough of my works over the years that this is no the first time I have stated that.

Why do I state it?

Capitalism, Socialism, Communism, etc all have different subjective meanings in the persons mind. So personally I have found that providing clarity on your definition when you are speaking of something is important.

Neither you, nor I can force our version upon the other. All we can do is share it. So when a person who wrote something defines what the term means to them then you deciding to base it upon what it means to you will not really accomplish much. Though you sharing what it means to you has value.