Birdwatch Note Rating
2023-03-15 21:37:55 UTC - HELPFUL
Rated by Participant: 1DCE159106F428BB4AAFFADDA242AF8C4A180CD1E0EFBC624DDD565EF7F68B8A
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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