I think it's more insidious than that - it's propagation of a whole mass of lies with the intention that the population be utterly confused about what the truth is, and become too disoriented to resist the ruling class.
But look, if you refer to current US politics, the ruling class is ever the same, only the names and flags change from Elephant to Donkey and back, and so on for ever. Ditto the UK, where in one case they favour Savile Row and in another, publicly at least, Marks & Sparks. But in the end, it's ever the same mindset harnessed to the party that may promote them to its head. That's pretty interchageable too, best illustrated by Tony Bair, who would have made an excellent helmsman for any party with a chance. The only inevitable loosers are the Michael Foots of this world, where they have no charisma worth squat. How could anyone have voted for such a cat?
Taking your thesis to its logical ending means you can only prefer a state of uncontrolled, aimless anarchy. You invest "the population" with one helluva lot of political nous! Which is best illustrated, no doubt, by the suicide pact it is making with Farage et al.