Birdwatch Note Rating
2023-03-16 02:37:08 UTC - HELPFUL
Rated by Participant: 1D96FC0584C0248A7F6640B60228A4B8E4DEEBE885319A9D77EED3D7A2E39929
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/
All Note Details