Well, yes, since “capitalism” was literally coined to describe a particular then-existing system in which the instrumentality of the state not only exists but also, most particularly through a specific structure of property rights, directly serves the interests of the capital-owning class to the relative disadvantage of other segments of society, and has consistently since then referred to that system (or ones sharing some of its salient features) both for those who have advocated moving farther from it and for those advocating its adoption or a return to it in places which have moved on, in whole or in part, from it.