That's one of the points in the article, actually. I thought it was well articulated how "capitalism" and "free markets" are different.

It's not even clear to me that calling cronyism "capitalism" is objectively incorrect.

Undisciplined

One of the biggest sources of confusion is the lack of distinction between cronyism and free market capitalism.

Even SEK3 considered himself anti-capitalist, because he was anti-cronyist. But he didn't appreciate the role of capital in a free market economy as much as the Austrians did.

I think capitalism and freedom can be seen as orthogonal though. Capitalism is a civilization building framework, and civilization building through capitalism can happen in an environment that doesn't respect individual freedoms, vide China.

econ

Anti-Capitalist Fallacies

One of the biggest sources of confusion is the lack of distinction between cronyism and free market capitalism.

Even SEK3 considered himself anti-capitalist, because he was anti-cronyist. But he didn't appreciate the role of capital in a free market economy as much as the Austrians did.

I think capitalism and freedom can be seen as orthogonal though. Capitalism is a civilization building framework, and civilization building through capitalism can happen in an environment that doesn't respect individual freedoms, vide China.