That would include say a totalitarian state where everything is owned by the God King (and operated for profit). Capitalism usually means some variant of "laiss

That would include say a totalitarian state where everything is owned by the God King (and operated for profit). Capitalism usually means some variant of "laissez faire" capitalism, where stuff is privately held, the state doesn't interfere with day-to-day business (too much, for some value of too much), and there is enforcement of contracts. The enforcement of contracts bit is where you end up with big debate, because ultimately it means you might need courts, policemen, taxes, the national guard, the EPA, the FBI, and the Department of Agriculture.