Loaded question. Hear me out:
What is ‘capitalism’ and what is ‘free market’?
‘Capitalism’ is a loaded term used by Marx, who was not an economist and had never worked a day in his life to demonize business owners. I decline to use this loaded term.
Free markets means rights to property and self-ownership, the two things that slaves were not allowed to have. There is no moral argument against free markets. Limiting them means slavery, and making excuses for limiting the free market is as being an Uncle Tom socialist/statist making excuses for slavery.
Free markets means no taxation, no Wall Street bailouts, no central bank money manipulation, no military industrial complex buying out government.
Limiting the free market makes the state powerful, and makes even more powerful everyone who has the resources to lobby the state.
Without a government, no evil corporatist can bribe and hijack it to oppress workers and small businesses. Free markets are the great equalizer, and the only way to defeat big corporations through relentless competition. Big corporations hate competition, so they use government to create favorable regulations to crush SME competition, and create oligopolies/monopolies.
If we dissolve government, we take away big corpo’s favorite toy.
IMHO capitalism could be a useful term.
The free market" can be thought of as a system for distribution of goods by spontaneous order, the "invisible hand". If so, could "capitalism" mean the distribution of capital, among businesses, by spontaneous order? The market of capital. A subsystem of the free market system.