The answer, maybe the one you're looking for is that the schema you describe is suitable for blowing up into longform stories that could be equally well-suited to be treated in 400 words or less.
The question would be, do we care for longform as a format (as opposed to having bite-sized stories with links between them if they're part of something bigger)? Or do we care about stories that have substantial background that needs to be explained (rather than be a tangential addition to a main story)?