Capitalism and Socialism, explain please

[Skvez]

Socialism tries to artificially re-dristribute weath evenly amongst a population.

Capatilism tends to result in wealth being accumulated more and more by a smaller and smaller 'rich' group.
If I have 'extra' wealth that I can invest and make more wealth from and you don't; then the difference between our wealth will increase.

At first glance Socialism seems like a fairer idea and I think it's a great way to run an ant farm but it's not a good idea for a species that has 'recreation' and 'work'. If I get the same reward whether I work or not, why would I work?
If everyone adopts that attitide no-one works and we all share starvation and poverty evenly.