Birdwatch Note Rating
2023-03-15 23:14:53 UTC - HELPFUL
Rated by Participant: FFEA52EB343C22A238AFD7BCB9D0A6EC097DFF8B1C5929D628BB39A483977B7A
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