Birdwatch Note Rating
2023-03-17 02:34:09 UTC - HELPFUL
Rated by Participant: AACFB76ABF1ED16CE61D29DCC72CCD6906BCB2103760498784EA93EBBAD60C35
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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