Birdwatch Note Rating
2023-03-16 03:05:02 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 47427FB50480500610E5402A72AEFB4CF1D64E0080688579BE983D05D869EFEF
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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