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The conspiracy fallacy is the assumption that a conspiracy is factual when it is in fact theoretical. It commonly takes a defeatist tone that suggests that things are impossible because a system is rigged in some way. For example, investors may complain stock movements are the result of manipulation by "algorithms", "wall street" or the "big guys" as opposed to market forces. Such arguments are rooted in facts as large institutional investors, investment banks and algorithms have a great deal of impact on markets. However, claims that prices are "unfair" and "irrational" neglect the intense competition that exists on markets between these large forces.
Thinking
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