Birdwatch Note Rating
2023-03-16 01:14:17 UTC - HELPFUL
Rated by Participant: C0C6E4113FBFFCFEC208E1FDEAD1B58529926AB2DE8CF8747B837EA1716C4796
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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