Birdwatch Note Rating
2023-03-16 02:42:07 UTC - HELPFUL
Rated by Participant: 4F12EECBC9902781BE09BDEF14E2A87BFA7798BA21AE5AD18BCFAF04E71B99CA
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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