Birdwatch Note Rating
2023-03-16 13:15:40 UTC - HELPFUL
Rated by Participant: 17974A2C17F4A3E4AAA9B560F6ED0580010B0D4FD0AC315AD36D83EFBDC0206D
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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