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It depends on what you mean by Capitalism. I heard Marxists excusing failure of Stalinists planned economy, because it was actually a state Capitalism and thus not true Socialism.
To me the word Capitalism is often used as anything opposing to fabled Socialism so that Socialism does not have to be defined, it is something like a unicorn. Funnily enough, it is a very postmodern way of looking at things - socialism and capitalism are Hegelian opposites and they need to be abolished in order to usher an era of communism. Which I think is a very unhelpful way of looking at things. It would be like adopting some heretical doctrine of Heaven on Earth (Communism) as some ultimate utopia, and then declaring everything else as Hell on Earth (Capitalism), until we come to finally immanentize the eschaton in some Gnostic way. Just a bunch of nonsense.
If in order to discuss Capitalism I'm going to have to defend the most ignorant thing you've ever seen on Twitter referring to Capitalism, we're already lost.
Capitalism as a system is defined economically by the investment profit motive, by taking investment capital and putting it to work to earn more capital, which will be invested again to earn more capital, and so on and so forth to eternity.
This is distinct from Feudalism, from Mecantilism, etc.
Until we can successfully imagine something beyond Capitalism, there is no way to imagine a worldview that privileges other terminal values than profit.
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