I think the british royal navy became one of the more successful pirate gangs if that helps the analysis. They were part state subsidised, but became rapidly self sustaining. If your British made galleon is shit, don’t worry, it only needs to last long enough to steal a French made one!

Just a point of information though I think ‘capitalists’ normally (nominally) support property rights. I think you’re talking libertarian / anarchist who are more literally smash and grab. But it is a blurry line. At the end of the day they’re all just humans. Striving to label them, or their behaviour, and then second guessing the meaning of the labels, or expecting consistency will probably drive you insane.