Au contraire, a little French for you. If you said Nazi/communist economic policy it would be more accurate. National Socialism, is totalitarian, characterized by intense nationalism, anti-intellectualism, mass control, and dictatorial rule.
Communism is political an ideology with a socioeconomic order centered on common ownership of the means of production, distribution, and exchange that allocates products in society based on what the state determines is a need. It requires an absence of private property and social classes, and ultimately money and the state, which of course never happens, the money concentrates in the hands of the tyrants/tyranny of the state. According to Wikipedia, Communism is a part of the broader socialist movement. Such as the National Socialist movement. The individual, as one of the means of production is owned by the state, you don't have self determination.
Capitalism is founded on private investment and ownership of the means of production, distribution, and exchange of goods and wealth. This is guided by self government, you decide what is best for yourself and your interests and in pure capitalism you determine how to accomplish what you want to do with your resources. You can accumulate wealth to do with as you, the individual, determine is best , or not. You can gamble it away, you can spend it on profligate living, or you can be charitable for example. In Socialist governance you have none of those rights, what is yours is the states. The fruits of your labor belongs to others, and tyrants decide how it is used, often for their own benefit.
Look at Fidel Castro and his family, Cuba was impoverished and his family was wealthy. Or Look at Hugo Chavez, Venezuela was impoverished and Chavez died fabulously wealthy- not really sharing equally with the Venezuelan people. His successor- Maduro- is a billionaire, while Venezuelans languish in poverty.
There are 23.8 million millionaires and 813 billionaires in the United States. See the difference? I'm technically a millionaire. I bought land and built my home on it, complete with off-grid solar. It's all paid for. I live on $2500/mo social security, so it's not like I own a yacht or travel all over the world, but I hike whenever I want to, I paddle rivers and lakes when I want to, I read every book I want to, I eat food I grow. It's a simple life, I determine how my money is spent, it's good to be a millionaire compared to a socialist.