I suppose it's a worthwhile concept. You can certainly look at professional politics, corporate messaging and the financial crises, basically all elite-preservation systems, through a kayfabe lens.
On the other hand, I think everyone would be better off reading Propaganda, by Bernays.
On the other hand, I think everyone would be better off reading Propaganda, by Bernays.
https://en.wikipedia.org/wiki/Propaganda_(book)
It's short.