Actually, no it's not. The electoral college was setup in 1787. What it has to do with politics two centuries later in the age of the internet seems out of date. Yet it's the rules we live by, not the rules we like.

Since 2000, it's clear that voter majorities have been underrepresented in presidential elections. And as we claim to be the world's largest democracy, we have been, in fact, the world's largest republic.