Birdwatch Note Rating
2023-03-17 02:22:03 UTC - HELPFUL
Rated by Participant: 7F31D4A409E6B258DD92C0A5C90B81C3571D9C7F1DF4DE8E6070259C8C409C5E
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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