Birdwatch Note Rating
2023-03-15 22:04:08 UTC - HELPFUL
Rated by Participant: 72162A4BC7B2507E2008D326D615EAB1C11B11603CD3A9ABBB9E70BA88CC6F77
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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