Birdwatch Note Rating
2023-03-16 06:16:31 UTC - HELPFUL
Rated by Participant: 5BF2BC478A3902FD38979B5D5D3CBE042912A9CD33F5C76B04E7F362A5911D39
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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