Both capitalism and socialism are ambiguous terms
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The terms capitalism and socialism are worn out relics of nineteenth century ideology. Both depend on centralization and political management.
Capitalism, as it exists today, is not voluntary free exchange but a State protected hierarchy of corporate privileges, central banking, and legal monopolies.
Socialism, in turn, replaces one master with another, trading the capitalist for the commissar, the market for the Ministry.
Both are forms of centralized economics, where power flows downward and freedom upward only by permission.
Neo-Agorism belongs to neither camp. It represents decentralized economics, an order of voluntary, bottom up cooperation. Not capitalism in the corporatist sense, not socialism in the collectivist sense, but a stateless market rooted in mutual exchange.
The proper language of freedom is not “isms” but markets, real, living, spontaneous markets between free individuals.
Neo-Agorism Is Neither Capitalist Nor Socialist - Philippe Lemieux - IT, Design, Philosophy and Economics
The Case for an Evolutionary Market of Conscience Agorism was originally conceived by Samuel Edward Konkin III as a revolutionary counter economy, ...
To me
Capitalism = free markets and private property
Socialism = centrally planned economy and common property
Todays western systems would in this regard best be described as "corporatism" where state and corporations are intertwined in governing