As stated.

Understood. It's an interesting long-term strategy to revive Feudalism.

More a strategy to avoid totalitarianism.

By leaving the bottom 50% to be propagandized by populists?

If we were still living in the time of thirteen channels and Walter Cronkite on the CBS Evening News, I'd be inclined to agree with you.

An elite thinking that they know the truth and should suppress falsehoods is much more dangerous, so yes.