Birdwatch Note Rating
2023-03-16 00:36:01 UTC - HELPFUL
Rated by Participant: ED097B708A7BEF4CE0EDCFBECBBD316200E1C3273B8B36F5EEF63EE58FF682BE
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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