Is a market economy possible without capitalism?

Of course, at least theoretically. Capitalism is defined as [1]: Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for profit. read more

A market economy requires many players to create the market. The only economic system that allows for many active and financially incentivized players is capitalism. I can't picture a non-capitalist economic system (ie most capital in control by the govt), that somehow also creates a vibrant market economy. read more

In a capitalistic society, the production and pricing of goods and services are determined by the free market, or supply and demand, however some government regulation may occur. On the other hand, a private owner in a capitalist system can have a monopoly on the market and prevent free competition. read more