Birdwatch Note Rating
2023-03-15 23:07:32 UTC - HELPFUL
Rated by Participant: 4DF4C401936A18108ED6A3ADB9A0780EE55662A905CA0DA56A9E356C331C8D35
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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