Birdwatch Note Rating
2023-03-16 06:31:22 UTC - HELPFUL
Rated by Participant: 07EA0CF93496940DDE642569D26274B1F92B11DBF8CC9AE1FBCD72A11921CB16
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/
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