To be fair, this has felt like the natural consequence of the "maximize capitalism without regarding the downsides" maxim the US seems to have been operated under for a long time. Corporations have been (indirectly) running the country for some decades at this point, it's just way more obvious and in the face now when a "businessman" sits as president.
I thought things would look up after the 2012 election, when people were looking for meaningful change. Unfortunately a charismatic demagogue entered the scene and has taken power. Since then, we’ve been on the worst possible timeline, and I don’t see an easy way out of this mess. It’s going to take a lot of work for Americans to trust each other again and for the rest of the world to trust us.
However, Trump, at least in 2016, also attracted the votes of people who were fed up with the hollowing out of middle America and who resonated with his protectionist economic policies, and he also attracted people who were swayed by his “drain the swamp” rhetoric, which resonated with people who did not want an election featuring Clinton II (Hillary Clinton) vs Bush III (Jeb Bush). It is these people who have been fooled, who have not gotten politics purged of corruption. Much of the old GOP has completely capitulated to Trump, with the rest largely driven out of politics. The “swamp” never got drained; it’s now Chernobyl levels of toxic.
In addition, the two party system has made Republicans voters too loyal to their party. They’re so afraid of the Democratic Party, that their leaders will take away people’s guns, money, and free speech, that they don’t dismiss the warnings of authoritarianism as just plain fearmongering and “Trump derangement syndrome.” Well, the authoritarianism is here today. Right now it’s being directed at “enemies” like immigrants, anti-Trump politicians, scientists, and educators, but eventually the authoritarianism will affect Trump’s base. Unfortunately a lot of innocent people are suffering, and the nearest election is the 2026 midterms, which highlights a major weakness in the American government; we have no recall mechanism, nor do we have mechanisms like parliamentary systems where snap elections can be called.