Capitalism supports freedom of and from religion.
Capitalism is the only system that protects the individual’s freedom to live their life according to their own philosophical beliefs (whether religiously inspired or not), so long as their actions do not violate the rights of others.
In the words of James Madison,
“While we assert for ourselves a freedom to embrace, to profess and to observe the religion which we believe to be of a divine origin, we cannot deny an equal freedom to those whose minds have not yet yielded to the evidence which has convinced us.”
Under capitalism, the state neither supports nor opposes religion, as long as those religious practices do not violate the rights of others. Quoting Thomas Jefferson,
“The legitimate powers of government tend to such acts as are injurious to others. But it does me no injury for my neighbor to say there are twenty gods, or no God. It neither picks my pocket nor breaks my leg.”
This is the meaning behind the principle of the separation of church and state.
Writes Mr. Jefferson writes in his Autobiography,
“…an amendment was proposed by inserting the words, ‘Jesus Christ … the holy author of our religion,’” which was rejected “by a great majority in proof that they meant to comprehend, within the mantle of its protection, the Jew and the Gentile, the Christian and the Mohammedan, the Hindu, and the Infidel of every denomination.”