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You have no idea. For a society to be communist it has to have no state. Marxist states like the USSR or Cuba aspire to be communist one day in the future but believe you need a stage of state socialism first to get there without capitalism taking over again. How close they actually get to socialism is debatable. This is different to anarchists who want the state abolished after the revolution.
Socialism is not compatible with capitalism. Any communist society is socialist by definition, but not every socialist society is communist by necessity. Socialism is compatible with market economy where communism is not.
Under the definition of socialism the working class must own and control the means of production. Outside of that requirement you can have a range of different economic systems which may or may not involve a state, money, or markets. Socialist market economy has markets and possibly a state but where each worker owns a share of the company and votes in company leaders and/or decisions.