That is why renaissance and enlightenment is such a big deal in history.>
Umm...capitalism didn't exist in the Renaissance and Enlightenment. Adam Smith's The Wealth of Nations wasn't published until 1776. Most of Europe was still feudal during the Renaissance and Enlightenment. England is the exception, but England was always the exception. So, I'm not sure what you're talking about. The Royal Society, for which Newton, Hooke, Halley, etc., were all members of, was funded by the Crown, hence the name, "Royal Society". The European savants all had royal patrons, like Leibniz, Brahe, and Huygens, that funded their livelihoods.
For note, I am a published historian by education that specialized in Tudor England.
What? Do you have only a black/white mentality? Of course not. We have a mixed system, as does almost the rest of the world that isn't a dictatorship. Capitalism and socialism are not mutually exclusive; in fact, there's a compelling argument that one really can't exist without the other.
Yes, that's called socialism. The government levies taxes from its people, then the government redistributes the wealth, that's the very definition of socialism.