One thing I've never really understood with this particular insane conspiracy theory is just why the people who are already in control would want to reduce the number of ordinary people they can exploit. It's like a pharaoh or a plantation owner complaining that he has too many slaves.

I won't deny that much of the world (and certainly my own country) is ruled by an effectively closed club of people, who exploit the remainder of the population... but why would they want fewer people to exploit? If your source of wealth is the people you exploit, why would you want to diminish that? The ruler of a large kingdom is more important and powerful than the ruler of a small kingdom.