Birdwatch Note Rating
2023-03-15 21:20:17 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 240AD7746921DD8C369973EC5CD6DE7594011A6A2737D97DEBFAB9E4A776FA12
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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