Birdwatch Note Rating
2023-03-16 13:32:38 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 3F9000D20F97220577E90E68549742F7A1E73854C74B2EE0244CA676767A8D8F
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