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From our friend starlight432.blogspot.com:
“Conspiracy” is defined as:
A secret plan by a group to do something unlawful or harmful.
In science, “theory” is defined as:
A plausible or scientifically acceptable general principle or body of principles offered to explain phenomena.
Therefore, “conspiracy theory” can mean:
A plausible secret plan by a group to do something unlawful or harmful.
The CIA created the term “conspiracy theory” for purposes of psychological manipulation, but the negative connotation can/and is be reversed.