Socialism centralizes power, and therefore can cause greater events of corruption and abuse. Just look at the National Socialist German Workers' Party (the Nazi Party) if you want the worst example of socialism.
Communism is obviously worse, as we've seen in the Soviet Union, China and Cambodia.
I prefer inefficient, distributed abuses of power and corruption, not abuses of power and corruption led by people who also control the police, courts and military. So, give me capitalism every day, and give me the grossly inefficient governance of our Democratic Republic, which is the best system available, even with its inherent faults.
Note that there are always rich and poor in any system. In capitalism, the rich employ people and are usually selected by merit. In socialism/communism, the rich control people and are usually selected by political expediency/loyalty.
Also note that although people are calling themselves Democratic Socialists, the Antifa movement (Antifaschistische Aktion) is a communist movement, not a socialist movement. A "fascist" to them is anyone who is not a communist. They think libertarians are fascists. So, the Right is up against communists on the Left. There is no telling which of the so called Democratic Socialists are actually socialists or are actually communists.