[nsfyn55]

>Capitalism doesn't mean an 'unregulated hellscape', capitalism requires a state to exist in order to defend the right to hold private property

Oh look everyone its another armchair economist who insists his conveniently specific definition of capitalism(You know the one that must be the case so his beliefs are not a self-inconsistent train wreck) is the absolute definition handed down to us by the word pope and sourced from a magic dictionary stored under his papal throne. The first time in the history of the internet.

According to my alternative word pope if every bit of ownership isn't private and it isn't devoid of regulation it can't be considered capitalism. See how easy it is to make up a definition then argue from it like its gospel.

Alternatively you could accept the much more reasonable circumstance that economies are messy things. Although some stress one economic principle more than another none can be purist in nature.