There is a much magical thinking going on at university level as many other places in society. Further more critical thinking is often mistaken for constructive thinking which is another rather big issue with universities. Universities are mostly about analysis not about creating which leaves a gaping hole in the real world.
I have worked with my share of academics and non-academics. There is no noticeable difference between them generally speaking. Only when it comes to subject matters do we differ in our naivety and hasty conclusions but the ability to think critical is IMO something very different.