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Or any degree really; capitalism is a modern phenomena.
Altruism and compassion have existed for the entire history of the species.
It does actually work, though that’s got nothing to do with the point at hand.
Communism works for small communities, like 2-300 people (which incidentally is the size of the tribes we developed to be part of).
And while altruistim and compassion have existed, they’re by no means traits in the majority of humans. Humans are selfish, greedy animals. Some of us might realize this and work to be better, but that means we’re fighting our natural tendencies.