Birdwatch Note Rating
2023-03-16 02:55:51 UTC - HELPFUL
Rated by Participant: 00255BF71AC77463F5B0E0AC2B9AB0DA3DBD9C58E2E760B26848AB907F834100
Participant Details
Original Note:
Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources. Capitalism does not preclude charity or helping others voluntarily. https://www.investopedia.com/articles/personal-finance/082415/pros-and-cons-capitalist-vs-socialist-economies.asp#:~:text=Capitalism%20is%20based%20on%20individual,combine%20elements%20of%20both%20systems. https://reason.com/2022/12/28/charity-and-capitalism-are-better-than-government/
All Note Details