[Kaj]

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How can you have capitalism without the "idea of property rights"?

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Because capitalism is just the absence of regulation

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No it isn't.

A does not equal B. Not hard to really understand.

A: "Men who were able to muster private armies, often former military officers, seized the biggest prizes: abandoned government property, like ports and airfields, which could generate as much as $40,000 a day. They became the warlords. Many trafficked in guns and drugs and taxed their fellow Somalis."

B: "Capitalism generally refers to an economic system in which the means of production are mostly privately[1] owned and operated for profit, and in which distribution, production and pricing of goods and services are determined in a largely free market. It is usually considered to involve the right of individuals and groups of individuals acting as "legal persons" or corporations to trade capital goods, labor, land and money."