If one believes in democratic change, then I suppose that yes, exposing the conspiracy would cause it to be eradicated. So in effect, characterizing something as a conspiracy is perhaps taking an easy way out. Less easy than the simplistic "us vs them" narrative, but a shortcut nonetheless.
I'm just sympathetic to the viewpoint because it feels as if it is at least coming from the right place, especially as the damage from the attack is purposely amplified by the government organ of mainstream media.
There absolutely is a mutually beneficial interchange between 'terrorists', 'the media' and 'authorities'. Each gets something out of the others existence and would have a much harder time getting their advantages without this assistance. That's also why this whole cycle is so hard to break.
For contrast: during war time there is a blanket ban on reporting 'bad news', successful attacks on ones own troops by the opponent because that is demoralizing or something to that effect. But if it really were demoralizing how come during peace time we amplify attacks way out of proportion? You'd expect that if the media being told to shut their traps would be to the advantage of those governing that this would be a fairly small thing to arrange. Instead we have the opposite, every instance of an individual event gets blown way out of proportion to push those buttons of powerful emotions.
I'm just sympathetic to the viewpoint because it feels as if it is at least coming from the right place, especially as the damage from the attack is purposely amplified by the government organ of mainstream media.