Birdwatch Note Rating
2023-03-16 01:35:28 UTC - HELPFUL
Rated by Participant: 0DF531447D3A9175D09DF8F94F7E123EE65860085F7674A7E78FBA3E52BDB08D
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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