I'm running it on a pi5. It was able to handle everything including voice easily although the voice thing out of the box is quite limited. I was able to do a lot with it through automations with custom commands though. It was pretty much able to replace my Google assistant system.
I've now upgraded it with ollama and Whisper on a network device (old laptop with i7 CPU and GTX1050 mobile GPU) and that works perfectly with llama3.2:3b. Pretty accurate and works well enough. Especially useful coupled with the local home assistant command processing since that by passes the LLM.
Please note that there is a distinct difference between socialism and communism. You seem to be describing communism. Within a socialistic system there is still the concept of rich and poor and there is still the ability to create a better life through the effort of development. This specifically is the key distinction between socialism and capitalism.
So what you're calling "socialist capitalism" turns out (funnily enough) to be just socialism which is in turn a capitalistic communism. :)