A bit more.
In simple terms the "Left" socialist (Labour in UK) is about the state spending more looking after people. The Labour party came out of the trade unions and so it tends to be more from the "working class" supporter.
They tend to increase spending on social issues: benefits, hospitals, schools etc, but this often increases our countries debt.
The Right capitalist (Tory in UK) is about making sure the business people are able to run successful businesses and make the country rich, which helps the whole population.
They tend to try to reduce state spending and reduce our national debt, but this is often seen as uncaring and callous when benefits are reduced..
However the Tories often need to sort out our finances after Labour have managed to bankrupt the country.