No, communism doesn't. However, many European nations have found a way to make a socialist/capitalist society work. Life is about balance. You can't have the individual (capitalism) without the community (socialism). Anyone who argues that one or the other must be chosen is a fool.
I applaud you both.... two people who actually look at the evidence of past examples... and make a good and accurate conclusion. Best comment conversation I have ever read, and not just because I agree with you.