You're quoting someone's blog, hardly a reliable source of history.
https://en.wikipedia.org/wiki/History_o ... capitalism
Varieties of capitalism
It is an ongoing debate within the fields of economics and sociology as to what the past, current and future stages of capitalism consist of. While ongoing disagreement about exact stages exists, many economists have posited the following general states. These states are not mutually exclusive and do not represent a fixed order of historical change, but do represent a broadly chronological trend.
Laissez-faire capitalism, a social system in which the government is exclusively devoted to the protection of individual rights, including property rights – one in which there exists absolutely no government intervention in the economy.
Agrarian capitalism, sometimes known as market feudalism. This was a transitional form between feudalism and capitalism, whereby market relations replaced some but not all of feudal relations in a society.
Mercantilism, where national governments sought to maintain positive balances of trade and acquire gold bullion.
Industrial capitalism, characterized by its use of heavy machinery and a much more pronounced division of labor.
Monopoly capitalism, marked by the rise of monopolies and trusts dominating industry as well as other aspects of society. Often used to describe the economy of the late 19th and early 20th century.
Colonialism, where governments sought to colonize other areas to improve access to markets and raw materials and improve the standing of nationally based capitalist firms. Predominant in the 1890s, notably as a response to the economic crises of the 1890s.
Welfare capitalism, where mixed economies predominated and governments sought to provide a safety net to alleviate the worst abuses of capitalism. The heyday of welfare capitalism (in advanced economies) is widely seen to be from 1945 to 1973 as major social safety nets were put in place in most advanced capitalist economies.
Mass production, post-World War II, saw the rising hegemony of major corporations and a focus on mass production, mass consumption and (ideally) mass employment. This stage sees the rise of advertising as a way to promote mass consumption and often sees significant economic planning taking place within firms.
State capitalism, where the state intervened to prevent economic instability, including partially or fully nationalizing certain industries. Some economists also include the economies of the Soviet Union and the Eastern Bloc in this category.
Corporatism, where government, business and labor collude to make major national decisions. Notable for being an economic model of fascism, it can overlap with, but is still significantly different from state capitalism.
Financialization, or financial capitalism, where financial parts of the economy (like the finance, insurance, or real estate sectors) predominate in an economy. Profit becomes more derived from ownership of an asset, credit, rents and earning interest, rather than actual productive processes.
As scholars and historians have noted, it was a broad chronological process that started with markets and businesses, i.e., elements of capitalism that developed into the modern capitalism.