That's an interesting cleaving of free enterprise and capitalism. I've all ways understood them to be interchangeable.
Evidently I'm not alone...
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People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.
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From
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Individual freedom of consumers and producers
The benefits to producers and consumers of the US Free Enterprise System include; freedom of owning private property, producers producing at their own profit, both consumers and producers can control themselves, increased efficiency and adequate use of the available resources. This system has limited government restrictions and regulations.
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free enterprise
noun - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
Synonyms:
laissez-faire economy, market economy, private enterprise
Antonyms:
non-market economy
an economy that is not a market economy
Types:
capitalism, capitalist economy
an economic system based on private ownership of capital
venture capitalism
capitalism that invests in innovative enterprises (especially high technology) where the potential profits are large
Type of:
economic system, economy
the system of production and distribution and consumption