Birdwatch Note Rating
2023-03-15 22:37:47 UTC - HELPFUL
Rated by Participant: 815B8DDC998B2D231F3BD4CF689CF15D1D2DE14E9CA022C3401C4689ABDA3B37
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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