According to Peter Knight (from above clip), conspiracy theory is a malady of the masses useful for a short period but harmful over the long course to the ordering elements in society, i.e. the arbiters of what's good for you.
Yes- I understand that. And I think that a whole lot of the conspiratorial thinking that goes on in our society IS counterproductive, in the long as well as the short term.
My argument concerns a discrete event, and a possible (if unproven) alternative explanation- not a whole restructuring of society.