Academia has turned into a social game that is painful, and where the rewards are terrible (unless you're in CS I suppose). I think post-WW II has solidified the cult-like feeling of place, and also the increased the number of kooks. This contrasts starkly with the PR that is put out: hermits seeking truth.
It's generally hard to put this point across, since most people don't see the ground details, and the whistle-blower costs are rather high. I've previously found posts by Mark Tarver (creator of Shen) on c.l.l and on his blog to be informative, though.
Life, I fear, is no different than lord of the flies, except that the characters are rather a bit more polite.