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Another confirmation that this is a plutocracy ... or an oligarchy
A plutocratic oligarchy
"Potato potatoe". Debating over whether it's an oligarchy, plutocracy, corporatocracy, kakistocracy, etc is splitting hairs. All that matters is the masses understand that voting does not equal democracy when who you can vote for — your choices — are predetermined entirely by wealth and campaign financing; that what we have is not "democracy".
I consider what we have to be a neo-feudalist fusion of all of them, so it's best to think of it like the Kings and Queens of old. There are always significant power plays amongst them, and the US election is merely one of many. The only major difference is that they've had to maintain the illusion of freedom and choice, and make a more educated peasant believe they have super-duper for realz democracy. They use to only have to indoctrinate everyone with religion, then associate the feudalists with the cult, saying they are "chosen to god".
What Trump and MAGA represent is a reversion to the religious level of indoctrination — the cult like indoctrination of China, Russia, or NK —where they can remove the entire system that would enable legitimate democracy (if our options weren't predetermined by wealth), while maintaining the belief of freedom™️ and democracy™️... with thunderous applause.