"In the summer camp mentality of American universities, the ferocity of genuine intellectual debate would just seem like spoiling everyone’s fun. Ambitious humanities professors go about the business behind a brick wall of “theory,” which they imagine is the dernier cri, but which has long been out of fashion, even in Paris. Drab, uncultivated philistines, without broad knowledge of the arts, have seized the top jobs in the Ivy League, simply because they have the right opinions and know the right people. In the past twenty years, conferences became the infernal engine driving the academic profession. The conference crowd, an international party circuit of literary luminaries ever on the move, was put together by the new humanities centers. These programs had the initially laudable aim of fostering interdisciplinary exchanges outside the repressive framework of the conservative, static and over-tenured university departments. But the epidemic of French theory was abroad in the world. The humanities centers quickly became careerist stockyards, where greedy speculation and insider trading were as much the rules of the game as on Wall Street."