An important distinction to keep in mind: capitalism != free market.<p>From the article <a href="http:&#x2F;&#x2F;stumblingandmumbling.typepad.com&#x2F;stumbling_and_mumbling&#x2F;2016&#x2F;01&#x2F;capitalism-vs-markets.html" rel="nofollow">http:&#x2F;&#x2F;stumblingandmumbling.typepad.com&#x2F;stumbling_and_mumbli...</a><p>&gt; They are, in fact, two different things: capitalism is a system of ownership; markets a method of exchange. Although the two have sometimes gone together, this need not be so. Crony capitalism in which a few monopolies or cartels run much of the economy gives us capitalism without markets. And market socialism would give us markets without capitalism*.