No, I mean, we do not have a democracy. We have an illusion of a democracy.

We have been fooled into thinking that voting every 4 years from 2 people from different parties that have a monopoly on the political system, those two people chosen from a slightly larger group of already pre chosen people; is democracy.

We have no choice or say in what is legislated, we only pick the elites who legislate for us, and we really do not have much control over that, because the people who even get close to a nomination, need to get media attention, which can be completely cut off to people, who the established wealthy interests (who own the media), do not like.

It is a two party totalitarianism.

Managed democracy - " Wolin calls this form of democracy, which is sanitized of the political, managed democracy. Managed democracy is "a political form in which governments are legitimated by elections that they have learned to control".[11] Under managed democracy, the electorate is prevented from having a significant impact on policies adopted by the state through the continuous employment of public relations techniques.[12]

This brings us to one major respect in which Superpower resembles Nazi Germany without an inversion: the essential role that propaganda plays in the system. Whereas the production of propaganda was crudely centralized in Nazi Germany, in Superpower it is left to highly concentrated media corporations, thus maintaining the illusion of a "free press".[13] Dissent is allowed, although the corporate media serves as a filter, allowing most people, with limited time available to keep themselves apprised of current events, only to hear points of view which the corporate media deems to be "serious".[14]

Superpower has two main totalizing dynamics. The first, directed outward, finds its expression in the Global War on Terror and in the Bush Doctrine that Superpower has the right to launch preemptive wars. This amounts to Superpower seeing as illegitimate the attempt by any state to resist its domination.[15] The second dynamic, directed inward, involves the subjection of the mass of the population to economic "rationalization", with continual "downsizing" and "outsourcing" of jobs abroad and dismantling of what remains of the welfare state created by U.S. Presidents Franklin D. Roosevelt's New Deal and Lyndon B. Johnson's Great Society.[16] (Thus, neoliberalism is an integral component of inverted totalitarianism.) The state of insecurity in which this places the public serves the useful function of making people feel helpless, thus making it less likely that they will become politically active, and thus helping to maintain the first dynamic.[17] "

http://en.wikipedia.org/wiki/Inverted_totalitarianism