"Capitalism" has been used to describe everything from literal fascism to laissez-faire, resulting in lazy conflation of the two disparate ideas by midwits. The term has no real use, regardless of definitions and context being made clear by people involved in serious discussions. After all, since every economic system involves capital, idiots will insist anything is capitalism. And when we have many apparently serious people insisting the dollar has value because government demands it in taxes, we have no hope of any real monetary analysis either.
RE: Economics versus Politics and Pundits