Birdwatch Note Rating
2023-03-16 03:04:37 UTC - HELPFUL
Rated by Participant: D615BB500C017D5DCD01A2B5AACC3B365A8176DAF5658A9CFCE12DEDD43CDDEF
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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