Birdwatch Note Rating
2023-03-16 09:09:35 UTC - HELPFUL
Rated by Participant: DB3317FC2D8E0DA023B75C11ED6BE70ED2F19A3894D971E428BE9BE550B69510
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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