Birdwatch Note Rating
2023-03-16 02:49:31 UTC - HELPFUL
Rated by Participant: C9872B454FA7E25A30679AD7FA21204D2350CE81CB13925E8EBE4AAE6CE3E2C2
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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