Aye. I think it does. There are plenty of Socialist Countries that could very well end up Communist.
Then again, due to the general public knowledge and anti-communism attitude of people now 'a days.. A whole different form of government somewhat like communism could perhaps spring up. Rooting from Socialism, of course.
hardcore 100% communism never worked other than on paper
hardcore 100% capitalism also never worked
what we have today is mostly social capitalism with some countries leaning more to the social side, others more to the capitalist side - all the while - all the different types are infused by various levels of corruption.