Birdwatch Note Rating
2023-03-16 02:49:31 UTC - HELPFUL
Rated by Participant: D2F9A444D2D6259FE9C2B5AA22502513ECF5D26B6D18AB449ED5F5A38219ADD8
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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