Birdwatch Note Rating
2023-03-16 00:47:30 UTC - HELPFUL
Rated by Participant: 0C43CCBDFED943691DB059417AB475B5B2B82E053794AD78CE1BA9E2BCF1A705
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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