What is the future of communism?

Communism was one of the strongest political forces in the 20th century. At one point, one third of the world's population lived under it. Despite all of that, the experiences of communism were total failures. Every experiment at attempting to achieve communism has ended with a single-party dictatorship in power that refused to let people choose their own leaders and monopolised political and economic power. People criticised communism because they believed that once in power, the communist leaders will refuse to redistribute the resources and they were totally correct. All experiments were total failures. Today, few countries call themselves communist like Cuba, Laos, North Korea, China, and Vietnam. The first three (Cuba, Laos, North Korea) have failed as countries and their economies are some of the most pathetic. The last two (China and Vitenam) call themselves communist but their economies are some of the most capitalist economies in the world. China has the most number of billionaires in the whole world (814) and Vietnam has copied China's economic model. They are really nothing but single-party dictatorships that use the facade of communism but don't have a communist economy anymore since their reforms.

At this point, it seems that communism is taking its last breaths. One may ask, why even bother with it? It seems that communism has failed so what is its future then?