ChatGPT says the term originated with Critical Race Theory, which sounds right. The problem with critical theory is that, whether or not it accurately describes the world, it can only gain popular traction by demonizing the oppressors. The narrative that the heirs to evil are evil themselves is too politically powerful not to exploit. When it comes to bad behavior, it's pretty clear that what can happen will happen. That's why it's so hard to design systems where too many bad things don't happen.