Birdwatch Note Rating
2023-03-16 04:45:40 UTC - HELPFUL
Rated by Participant: 40B8E317B70F9FD5BCF35A7F196B85F4E41B5649EA00A06D2276FFA04772EF2C
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