Media-disseminated crises like the oil shock are simulations maintaining historical investment.

Evidence

Many other events (the oil crisis, etc.) never started, never existed, except as artificial occurrences - abstract, ersatz, and as artifacts of history, catastrophes and crises destined to maintain a historical investment under hypnosis. The media and the official news service are only there to maintain the illusion of an actuality, of the reality of the stakes, of the objectivity of facts. — Jean Baudrillard, Simulacra and Simulation, 139

Categorization

• XREF: Connects to the core Baudrillard thesis of the precession of simulacra where the map precedes territory; contrasts with Jameson’s view of late-capitalist events as real historical phenomena. — connects to: Dominant historical narratives persist because wealth and learning serve the powerful. — Nikole Hannah-Jones et al., The 1619 Project: A New American Origin…, 54; Popular media shape values and identities amid deepening crises. — Andrew deWaard, Derivative Media: How Wall Street…, 27
• SEED: An essay angle: treating contemporary manufactured crises (supply chain, pandemic coverage, inflation narratives) as Baudrillardian artifacts of history.

Broader Connections

• Dominant historical narratives persist because wealth and learning serve the powerful. #corroborates (0.78) — Nikole Hannah-Jones et al., The 1619 Project, 54
• Popular media shape values and identities amid deepening crises. #qualifies (0.72) — Andrew deWaard, Derivative Media, 27