Birdwatch Note Rating
2023-03-17 09:52:40 UTC - HELPFUL
Rated by Participant: C6F68E7E6041F6EF4A01DFB12F733ED2927B62A78F3551CEB71CF1AB5D5F7612
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/
All Note Details