Birdwatch Note Rating
2023-03-15 21:28:04 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E85C65C77B09E7180EB57FDF6292F8D9F07DAC5262AD450B62E6357B06791A9C
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