Capitalism vs. Socialism - In which system would you rather live?

I would definitely prefer socialism, not only because it is more fair, but because capitalism sucks. The thing with capitalism is that 99% of wealth is owned by 1% of the population, and vise versa. This creates a huge gap between the wealthy and poor, thus making poverty a major issue. Socialism on the other hand has a fairly equal salary for everyone, although some people who have harder jobs make slightly more. I agree with this system because there isn't a gap between the upper and lower class and because this way, as opposed to communism, allows people who work harder to be rewarded for it.