Birdwatch Note Rating
2023-03-16 09:21:35 UTC - HELPFUL
Rated by Participant: 66C9AA094CC13FA8BEF89C504EB88F415F7A43111B134BC0891C1324C48ED8B6
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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