Birdwatch Note Rating
2023-03-16 04:45:40 UTC - HELPFUL
Rated by Participant: 347C1036262DCB2DDDDE344D71E9F7896F5BD92B458FD88E4F9E80B0B779557F
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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