Birdwatch Note Rating
2023-03-16 07:31:59 UTC - HELPFUL
Rated by Participant: A46094AFEDE5211D3A2F25FE01F05D7D4A5252184FBA0E851A040AF7D3C3FA2E
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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