Birdwatch Archive

Birdwatch Note Rating

2023-03-16 22:20:02 UTC - NOT_HELPFUL

Rated by Participant: B70716D777D893E1BA58F899D07AA5ABE61BDFCA21A11DA0D6D7A79613242DCE
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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All Information

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