Birdwatch Note Rating
2023-03-16 00:45:52 UTC - HELPFUL
Rated by Participant: 45194BF0AFED163072C7BD5B3630933ABA1BEC695B7ECD65C94DBE9765F186F1
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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