Birdwatch Note Rating
2023-03-15 21:08:42 UTC - HELPFUL
Rated by Participant: 8A53F8324EEBAF015C63ECDD18D879C3DAFD1A1CAD015FD87531D71F7F43B62E
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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