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Socialism definitely fares better for the society.Unlike animals human beings are characterized by the quality of labour. Animals perform repetitive, cyclic work which is compelled by natural instincts. But human labour begins with conceptualization and ends with execution and involves satisfaction and identification with your labour. But capitalism has alienated man from the activity of labour. This commodification of everything along with one's labour has made it impossible for humans to identify, satisfy, enjoy and associate with work. Thus capitalism has made humans detest labour. No wonder students no longer want to go to schools longing for holidays and workers hate to be confined to their cubicles.
Also, capitalism leads to the inevitable domination of economic development over other forms of development. Eventually progress gets reduced to statistics and numbers. Thus human predicament fades in the background which is evident in the occupy wall street movements and low human rights concern in countries with apparent economic development.
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