Birdwatch Note Rating
2023-03-16 15:57:46 UTC - SOMEWHAT_HELPFUL
Rated by Participant: E9A405964E88C3D0994C028BE3EC764CE37694A51333574555B90C539FDADDD2
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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