Let's not conflate the free market, capitalism, and 'capitalist-ism'. I'm not sure I follow your terminology. Unregulated markets are not, in theory or practi

Let's not conflate the free market, capitalism, and 'capitalist-ism'. I'm not sure I follow your terminology. Unregulated markets are not, in theory or practice, efficient and do not work out to be free markets; they are controlled by the few for their purposes. Government can regulate markets to provide free markets, reducing barriers to entry and requiring competition; they also can provide safety and public good by preventing harm to the public by fraud or injury. Another way to think of it is that power (over the market) is conserved; the question is, who has it, a few participants acting in their interests or the people acting in theirs? A well-regulated market is better and freer for almost all participants than an unregulated one. Regulation is not socialism; socialism is the collective or government ownership of economic assets. For example, the US government regulates GM, Ford, etc., but does not own them. Capitalism is ownership of economic assets by private entities, called capitalists.