Birdwatch Note Rating
2023-03-16 01:25:38 UTC - HELPFUL
Rated by Participant: 9DF82E93EA822F22D0A3235AE8ECD9205C3AF282F02A7622CA60F5F41E6CD69E
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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