Earlier quoted context omitted.
"we've reinvented capitalism" .. ok, so i'll substitute "capitalism" with "phrenology". Who cares about the definition? It's just a word, right? Claiming that A, B & C is the same as D surely needs to imply some concern about the actual meaning of D, no?
Words mean different things for different people and in different contexts. That there is only one universally correct meaning is true in Python, but just not how human language works. Pretty sure what I wrote was understandable for most. You probably also understood it, but felt the need to complain about the vocabulary.
The first two may be a necessary precondition for capitalism, but they in no way describe it - they are common elements in human communities that predate capitalism by millenia.