The following link may not work as I'd like. I wanted to link to the Ayn Rand Bookstore, but I bought the book via this link to Amazon.com which I got at Capitalism Magazine when I read their review and exerpts.

Craig Biddle, in his book Loving Life: the Morality of Self-Interest and the Facts that Support It (Glen Allen Press, 2002), says

In a laissez-faire society, people are free to do what they choose with their own lives and property; they are forbidden to physically harm others or their property; and they are required to support their allegations with evidence. Laissez-faire capitalism is the system of individual rights, private property, and objective law. Objective laws are laws that are grounded in the factual requirements of human life and that uphold the principles of logic; thus, they protect individual rights, including property rights, and they recognize that the burden of proof is on he who asserts that rights have been violated.

Accordingly, if a person (or company or corporation) does violate an individual's rights--and if this is shown to be the case in a court of law--then the government takes action against the perpetrator as necessary on two counts: first, to provide his victim with recompense when and as appropriate; second, to punish the rights-violator for and in proportion to any crime he has committed.

Forgive the extended quote.
Capital is any surplus material or money which is saved for future production; seed corn for example. This is why we capitalists refuse to eschew the term. There is absolutely nothing dishonorable about saving and investing and persuading others to help you achieve your productive ends. However, if what you're doing doesn't fit the description in the previous sentence, it doesn't qualify as capitalism. Not in our book, in which the term laissez-faire is really a redundancy.

We don't accept any other qualifications of the term as valid: Corporatism is Mussolinian Fascism, Crony Capitalism is the same as Kleptocracy (rule by thieves) which just fancying up dictatorship--plain old tyranny, whether autocratic or oligarchic--by stating them in terms of more respectable and more sophistocated systems. The purpose of these new terms is to slander Capitalism by lumping it in with these vile tyrannies. Capitalism with a human face is another term for Socialism (which means, in practice, that bureaucrats direct the use of supposedly private property), and public-private partnerships are more of the same with a bit extra backslapping by politicians.

I use the term "we" in the belief that Mr. Biddle and I are allies in this matter.

The other thing that occurs to me about this passage I cited is the question, "What is the purpose of punishment?" It has been said that there are three purposes for punishment: 1. revenge, 2. rehabilitation, and 3. prevention of a recurrence.
People often ask what our goal is. The goal is a peaceful, happy society in which people may be allowed to peacefully pursue their happiness. Revenge is the emotion you feel when you know someone who hurt you got "the lesson that was comin' to 'em". If that lesson is just, if it's objective then you are right to feel that way. Vengeance is not always evil; sometimes it's just.

Rehabilitation: isn't that just teaching somebody how to live so that harming others isn't necessary?
Rehabbing an injury is building strength and skills sufficient to carry on with life. A fine way to spend your time in prison, but, chances are, you're there, not because you were injured, but because you injured another person's life, liberty, person or property.

Prevention of crime: people usually think that it is the fear of punishment (swift and certain justice) which deters crime, and I suppose it does. Or would, I wouldn't know, I've never seen any. Except for poetic justice. "God gets 'em" sometimes. Not often enough, though. He'd get 'em a lot more, if good people would stand up to the bastards.

But, the prevention that really works is prevention of recidivism by keeping criminals locked up. And, by the way, well supervised, so all these assaults, rapes and murders that people think are so funny couldn't happen. They happen because the prisoners aren't guarded well enough. A petty thief or a minor dope-dealer who gets raped in prison, isn't going to be an improved asset to society.