Democratic dictatorship of the Ultra wealthy, Capitalists etc. vs Democratic dictatorship of the Common people?
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Basically, yes. Democracy for the capitalists, dictatorship against the workers, vs democracy for the workers, dictatorship against the capitalists.
the only options you have when you live in a class society
We've been in an oligarchy for a while, according to an Oxford study of US history and the policy voting behaviors of elected representatives. It's only gotten spicy since Reagan, when the Republican party decided it had enough power to take all the cake (and is trying to do so).
The Federalists tried this before, which caused the party to die out and the Democratic Republicans to split. (Source: Helen Cox Richardson) It'll be exciting to see how this all plays out.
it's been an oligarchy by design from the very start really https://archive.org/details/DemocracyForTheFew16147062951821