Birdwatch Note Rating
2023-03-16 18:56:07 UTC - HELPFUL
Rated by Participant: 6A83409C133C4ECDBCC5A0E8484C184327927EDCB1EDC19D9888E3E96F157E0D
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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