Birdwatch Archive

Birdwatch Note Rating

2023-03-16 10:12:17 UTC - NOT_HELPFUL

Rated by Participant: 415428CCD5D1C39D73874538ABC452E7F76897F17BC057A1DEC7C33132F671EC
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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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All Information

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