capitalism- An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation and reinvestment of profits gained in a free market.
Discussion
Yes, but corporations in Capitalism and property are state defined. That will not hold.
I am not a fan of this recent trend where capitalism and socialism are stretched to encompass all political systems in a binary way.
Feudalism for example is a system that has many elements of capitalism abd of socialism. Or current Cronyism as well, albeit it has been titled Capitalism so often it to me makes almost no sense to argue.
For the coming sovereign individual+AI society we will need another name. If we manage to not be consumed by the authoritarians first that is.