I am pretty sure that Europe is often described as having free market, also it is often considered to be working pretty good, beside occasional shortcamings, definitely nothing like mass poverty. Altho I wonder what you you mean by capitalism, and why did you put quotes around free, do you think those markets aren’t free, or what?

And what is capitalism, or communism, or socialism? I feel like there are different definitions of those things.

Can we all agree to stop using terms like political left and political right in such wide context? There are a lot of complicated issues considered to be political, and using aforementioned terms is just oversimplification. There is no need for all of this, it just helps dishonest people. There is even scientific study showing impact of labeling of different proportions es left or right.