I remember you made similar questionings some time ago [in one of my older posts](nostr:nevent1qqstpwsmmquahhxqhdfqcdetagrg3lfxvparhs054n9fm9t9jg2d55qpz3mhxw309ucnydewxqhrqt338g6rsd3e9upzp7l9aq8v3k6ugw0ztqk40xwjtch73w2ck8klt9dpwwhpez40gcrhqvzqqqqqqy95m874), I explained you why I don't like the term capitalism but you probably just ignored it or didn't receive the notification
Discussion
It doesn't matter whether you like the term. Language is a decentralised system, you can individually change the meaning of a word, but if people don't adopt it you will use it alone and nobody will understand you. A language is how it is spoken and how it is spoken evolves naturally.
Capitalism is just a system with individual ownership of capital goods. This is how 99% of the people call it. We already have a word for what you describe as capitalism and that is fascism.
Where did you get this data that "99% of the people use the term this way"? And even if it was the case, a term doesn't become correct just because moat of the people use in that way.
What a total nonsense: Capitalism-1 is what Austrian economists and the mainstream (wikipedia, investopedia, ect) call capitalism. Not only that, it's also the descriptive term (capital-ist = owner of capital).
The other two are descriptions of fascism and late stage fascism. Why would you confuse everyone by giving three things the same name, while there are unique and descriptive names available for them?
Lastly, a language is how it's spoken: It's a bottom up protocol. If communicating humans start using new or different terms, dictionairies follow. Like with #Bitcoin you can deviate from the standards, but then you're standing alone and nobody can communicate with you.