Birdwatch Note Rating
2023-03-16 11:43:24 UTC - HELPFUL
Rated by Participant: 7ED138EFDB7F8A9190F3995139EFF8FE32D0E063869AEFB8476A14BA2D4DCE15
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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