Yes, but we're disagreeing about the specific meaning of words. Capitalism describes an economy where capital is the mechanism through which goods and services are allocated. It is not the partnership of public and private entities, as you suggest. That would be crony capitalism.
That page describes how "crony capitalism" is used colloquially. Dictionaries are not a great source for determining canonical meaning of complex political terminology.
I argue that usage of the term "crony capitalism" is itself a form of capitalist ideology.
https://www.merriam-webster.com/dictionary/crony%20capitalis...