Birdwatch Note Rating
2023-03-15 21:14:28 UTC - HELPFUL
Rated by Participant: 7FEA72327EFAD2AC6403C03D6ED0647773FE911FE6B1B55CF893C2E5D2998638
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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