Yep, references to "this race" (i guess space race or just weapons race?), turning our golden faces into the (nuclear) sun. And the music video has a bunch of people from different walks of life walking into a bright life willingly. Pretty clear metaphor for sleepwalking into nuclear war :posadist-nuke:

Can you imagine when this race is won? Turn our golden the faces into the sun Praising our leaders, we're getting in tune The music's played by the, the madman