Birdwatch Note Rating
2023-03-15 23:03:45 UTC - HELPFUL
Rated by Participant: 93580ABC981F2951806EF876376FE33DE970782FD5A07F71470A93FEC6383785
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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