They masses only choose between the ideologies developed by the intellectual leaders of mankind. But the masses' choice is final and determines the course of events. If they prefer bad doctrines, nothing can prevent disaster.
Economic realities mean the socialist state would need to utilize the same method of discounting wages as capitalists do. The only difference is that under socialism, bureaucrats would do the "exploitation."
If Biden is elected, we will hear the same “redemption” storyline that was trumpeted when Obama replaced (temporarily) disgraced George W. Bush. The media will insist that Biden's inauguration purifies Uncle Sam.