So long as one uses the Marxist propaganda term “capitalist” (other than in quotes to refer to the term rather than use it) one is surrendering the language to the statists. –Fred Foldvary
Au contraire. Definition: Capitalism is state rule by and for those who own large amounts of capital. Corollary: the purpose of such rule is to restrict innovation, arbitrage and re-allocation of investment, i.e, to eliminate Enterprise (that which entrepreneurs do).
Definition: Free Enterprise is unobstructed, unregulated and unintervened entrepreneurial human action, which, by its nature, cannot have any form of Statism, including Capitalism, present.
Anarcho-Capitalism should mean a social system wherein large holders of capital exist but do not attempt to use the State to capture or maintain their predominance; that’s legitimate if you also accept anarcho-communism to mean a system where Communists do not attempt to create or use a State to have everyone ruled by Communes, and Anarcho-Syndicalism to be distinguished from State Syndicalism (aka Guild Socialism or Fascism) accordingly.
Remember, the term Capitalist was invented as a pejorative by free-market advocate Thomas Hodgskin back in the 1830s and then picked up by Marx (who admired Hodgskin for inventing schools for labourers).
Freely as ever, SEK3 (Samuel Edward Konkin III) [July 24, 2000].