Socialism is about class solidarity and more equal redistribution of capital gains mostly via democratic process. Communism (or bolshevism and maoism) on the other hand is about exclusive small cadre party pretending to represent entire working class and seeking total control over society using all means including terror.
Free market is about leveling play field and equal access to marketplace for all actors big or small. Capitalism on the other hand is about maximizing control over markets and maximizing rent seeking.
Free market is about leveling play field and equal access to marketplace for all actors big or small. Capitalism on the other hand is about maximizing control over markets and maximizing rent seeking.