And we should no longer even bother with the term capitalism.

The term is free market.  

Isms are all 🐂 💩 because they are ideologies not actual systems.   Ideologies are very easily corrupted, redefined and shifted.  

Systems are material and hence binary they either are in place or not.  

 Yes! My understanding is that “capitalism” Was created as a derogatory term for the free market. I want to say it was coined by Marx but I don’t know. 

 The first use of the term in print at least,  was in The newcomes by william makepeace in 1854. 
But marx popularised it in Das kapital, so thats where people know it from.