Birdwatch Note Rating
2023-03-16 00:20:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: DACDCD2BC7A31077BC843DEDFC4D8B41B71FCDABFC49AFB9A3F88824EEAC0E58
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