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I mean, you're precisely on the right track, which is why no country has ever claimed to be communist. They've all claimed to be at various stages of socialism with the end goal of achieving communism. Economic systems are extremely complex, as are the core differentiators between them. There's rarely a way to cleanly claim "this is true of a capitalist economy but not of a socialist economy" and have that apply to the real world because most economies lie somewhere between free market capitalism and end-stage socialism. The words are horrendously overloaded and have no meaning in comparisons between actual countries. You're mapping a binary statement onto a spectrum.
Having read Marx/Engels, I really do think Smith is a good place to go from there. Not necessarily because his ideas are great, but because it provides a lot of context for the world in which Marx and Engels were writing from.
Edit: perhaps the cleanest way to differentiate the systems is in their goals. Marx writes "From each according to his ability, to each according to his needs" implying some degree of central planning to improve the lives of people, while Smith writes "By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it" implying that people are "led by an invisible hand to promote an end [for the betterment of society]."
The goal of semantics, and words in general, are to convey ideas. It was true in the past that socialism was a very concrete, straightforward thing. If you believed in worker control of the means of production, you were a socialist. Now there are people who say they're socialist, and they advocate for private tyrannies for the foreseeable future (decades or sometimes even a century+). They want entire generations of humans to be wage slaves, serve the interests of capital, pay their reduced wages to land leeches and banks, and then die without having ever seen a better system.
Those systems, systems by which entire generations of people are subjugated to the interests of capital under authoritarian rule, are now called socialist or sometimes communist. And I no longer have the word to describe a system where wage slavery is immediately abolished (much like chattel slavery was), and workers take immediate control over the means of production.
Those societies/institutions were often overthrown and overrun by either conservative Marxists (e.g Lenin) or fascists (e.g Catalonia).
The entire foundation of Marxist thought was that the economies in question were industrialized, productive, and developed. Those were, Marx argued, the circumstances for which the progression towards socialism would be natural.
Look now at when socialist revolutions occurred and the state of those countries at that time. It's difficult to argue that those countries were industrialized, productive, or developed.
Lenin and Mao were running off script. According to Marx, every country must transform it's peasants into proletarians. Historically, this had been done through a period of capitalist development. How do you pursue socialist ideals in a country of peasants?