Picked this up off a library shelf, attracted to the subtitle and the possibility it would be a venomous anti-academia tract. Turns out it's not entirely anti-academia (plus only partly venomous), just a detailed and fascinating critique of the new university -- corporate, commercial, exploitative. Written mostly from a lefty-humanities perspective (not the wanky theorie version, more a fierce workers'-rights perspective), every "definition" explodes with fascinating anecdotes, indignation, and calls for action. The entry on "Cafeterias" was especially fascinating -- I had no idea the colleges once had full-time dietitians, and that food services weren't outsourced!
Even better was the entry on "Moonlighting", featuring a tenured professor who was allegedly working full-time at a men's clothing store, and the comical attempts of his department supervisor to spy him there.
More serious are the entries on the "Corporate University" (where departments become no more than product-testing labs), "Attrition Rates" (getting higher as class biases grow), "Sexual Harassment" (needs a major rethink), and "Tenure" (an odd history, that).
This book was written in 1999, and you can already see at some points that it's due for a rewrite: things are getting that bad. [n.b. One of the obviously radical authors, [author:Cary Nelson] is now President of the American Association of University Professors, maybe a good sign? Or a signal of professorial desperation?]