I try to use following definitions (of course, both are fuzzy and apply only to some extent in real world): Free market: A system where the goods are distribut

I try to use following definitions (of course, both are fuzzy and apply only to some extent in real world): Free market: A system where the goods are distributed based on prices set through the market mechanism. In particular, anybody can produce and buy anything. Capitalism: A system where there is a private ownership of capital and human labor is being sold/bought for a price. So yeah, in theory, you can have free market without capitalism (for example everybody works for a worker cooperative), and capitalism (almost) without free market (there are distinct capitalists and worker classes, and market is heavily regulated or subsidized from the state).