Birdwatch Note Rating
2023-03-16 02:33:42 UTC - HELPFUL
Rated by Participant: 5CEACF3AE0BBB10EE7B277298C54AC78D2DAB0720016FAE1854DF31916F9843D
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/
All Note Details