The conspiracy thriller (or paranoid thriller) is a subgenre of thriller fiction. The protagonists of conspiracy thrillers are often journalists or amateur investigators who find themselves (often inadvertently) pulling on a small thread which unravels a vast conspiracy that ultimately goes "all the way to the top." The complexities of historical fact are recast as a morality play in which bad people cause bad events, and good people identify and defeat them. Conspiracies are often played out as "man-in-peril" (or "woman-in-peril") stories, or yield quest narratives similar to those found in whodunnits and detective stories.
A common theme in such works is that characters uncovering the conspiracy encounter difficulty ascertaining the truth amid the deceptions: rumors, lies, propaganda, and counter-propaganda build upon one another until what is conspiracy and what is coincidence become entangled. Many conspiracy fiction works also include the theme of secret history.
John Buchan's 1915 novel The Thirty-Nine Steps weaves elements of conspiracy and man-on-the-run archetypes. Dashiell Hammett's 1924 short story "Nightmare Town" is conspiracy fiction on a small scale, depicting an Arizona town that exists as part of an insurance-fraud scheme, and a detective slowly uncovering the truth. Graham Greene's 1943 novel Ministry of Fear (brought to the big screen by Fritz Lang in 1944) combines all the ingredients of paranoia and conspiracy familiar to aficionados of the 1970s thrillers, with additional urgency and depth added by its wartime backdrop. Greene himself credited Michael Innes as the inspiration for his "entertainment".
Conspiracy fiction in the US reached its zenith in the 1960s and 1970s in the wake of a number of high-profile scandals and controversies, most notably the Vietnam War, the assassinations of John F. Kennedy, Robert Kennedy, and Martin Luther King Jr., as well as the Watergate scandal and the subsequent resignation of Richard Nixon from the presidency. Several fictional works explored the clandestine machinations and conspiracies beneath the orderly fabric of political life. American novelist Richard Condon wrote a number of conspiracy thrillers, including the seminal The Manchurian Candidate (1959), and Winter Kills, which was made into a film by William Richert in 1979. Illuminatus! (1969–1971), a trilogy by Robert Shea and Robert Anton Wilson, is regarded by many as the definitive work of 20th-century conspiracy fiction. Set in the late '60s, it is a psychedelic tale which fuses mystery, science fiction, horror, and comedy in its exhibition (and mourning, and mocking) of one of the more paranoid periods of recent history. Thomas Pynchon's The Crying of Lot 49 (1966) includes a secretive conflict between cartels dating back to the Middle Ages. Gravity's Rainbow also draws heavily on conspiracy theory in describing the motives and operations of the Phoebus cartel as well as the development of ballistic missiles during World War II. Inherent Vice also involves an intentionally ambiguous conspiracy involving a group known as the Golden Fang.