Topoi. forthcomingEpistemological orthodoxy has it that memory is, in some sense, a kind of knowing, or as Lai (2022a), quoting Lackey (2008: 251), puts it, “an epistemic source” which “preserves knowledge from one time to another.” Lai dubs this the “Epistemic Conception of Memory" (ECM). But several recent papers argue that ECM falls prey to counterexamples. Of these, Lai (2022a) is the most thorough, as it takes aim at four distinct variants of ECM. The present paper introduces a neglected fifth variant of ECM we call “Capacitism.” According to Capacitism, remembering that p is the exercise of an epistemic capacity that functions to afford knowledge that p. It is argued that Capiticism is an attractive variant of ECM which avoids Lai’s counterexamples as well as a further problem facing other variants of ECM tied to their commitment to memory’s factivity, namely, their resulting commitment to either metaphysical or epistemological disjunctivism. Capacitism avoids these problems by grounding memory’s fundamental link to knowledge in its distinctive teleological, epistemic function for knowledge acquired in the past.