Birdwatch Note Rating
2023-03-15 21:18:00 UTC - HELPFUL
Rated by Participant: B8927AFE69D11FC0D8AE314779BF2C0E8CE13BC78E05326DE8EC9DE54AD16675
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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