Birdwatch Note Rating
2023-03-16 02:33:42 UTC - HELPFUL
Rated by Participant: 1BDBB24C9AAE8858CE364146A7DFD199E1D112167B39E2E100F25D9B724AB637
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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