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No they're not.
Look around history over the global and democracies consistently are he most powerful because of the transparency that roots out corruption and the freedoms that allow scientific progress and capitalism that allows for strong economy.
Now before lemmies start down voting: yes, capitalism has its issues and it needs to be tempered by strong laws or you get whatever the hell the US is, but in principle allowing free trade is a huge boon to a country and it's citizens
Free trade with a reasonable safety net for those at the bottom. The safety net also ends up acting as a minimum standard, why pay your entire wage to a landlord for a slum when the state will provide you with better accommodation for less?
Obligatory correction that capitalism =/= free markets and free markets =/= capitalism. Markets existed long before capitalism and will exist long after it.
Capitalism very specifically describes the economic relationships between owners of capital and workers. Without the exploitative relationship, it's not capitalism.
Capitalism is just exploitation of those with no capital. If we really cant have strong economy without that then might as well not have one.