I see your point. I would argue, howevever, that very few of the issues we are facing at the moment stem from lack of understanding. We have most of the knowledge we require to instantiate a radically better-off civilisation, and, most importantly, we have the tools to continue gathering and applying said knowledge and iterate on said civilisation.
But we choose not to. There are loads of VERY smart people in the top positions of gigantic multinationals. They do not lack for IQ, or for information that without a shadow of doubt informs them about the long-term consequences of their actions. They choose, daily, to apply their IQ and information not to create solutions that would benefit humanity as a whole, but to maximize the short-term gains for themselves and (hopefully) their shareholders. The reasons for this behaviour are multitudinous and complex, but I would argue that lack of IQ is not a major contributing factor, quite the opposite.
And all that could still fall in the category of "fine, whatever", if in their greed they would not actively destroy the education system already in place, because people who lack basic knowledge and tools for critical thinking are that much easier to manipulate. Again, it is not the lack of IQ that is the issue, it is the knowledge and exercise it has been exposed to. I myself have an IQ well above average (Mensa member), but before I found out about heuristics, biases and critical thinking, and learned to apply them, I was an easy prey for "mediums", "spiritual guides" and other "new age" crap.
TL;DR people are easy to manipulate regardless of their IQ, if they haven't had an opportunity to learn to use it.