Are there students? No doubt for themselves there are students. Students who say to themselves, we are students. But they are barely taught. The students are no students, but units of resource, and are barely taught. So too are subject areas units of resource, they barely exist. There is no Philosophy, not any more. There's no English Literature, not any more. True, there are professors of Philosophy and professors of English Literature, there are still a few people who remember how it was when there were universities, but they are coming up to retirement. There are a few professors around, but the university is keen to pension them off, to get rid of them, so the takeover can complete itself.
'The university'? I refer to what-was-a-university. What was a university and is a university no longer. They are leaving, the professors, stunned and bewildered. What happened? When did it occur? Get out, they tell themselves, and get out. Meanwhile, the new breed are taking over. I am one of them. Rat-like, desperate, looking to earn revenue, to bring money into what-was-a-university. Rat like, desperate, running along in the maze as quickly as possible and dreaming of ways to bring money into what-was-a-university.
For we have to earn money, we know that. We have to bid for money, we know that. What matters is to bid for money, to bring money in, and to swell what-was-the-university's coffers. What matters is money, is revenue, and what-was-the-university's topslice. Because the what-was-the-university has to make a little profit, there has to be a topslice. You teach to make a profit and your research must be tied to profit. Forget Philosophy, forget Literature, those are long dead.
Update: Somwhat more optimistically