The meat of the paper is in Sections 2 (where the unintended power dynamics of some modern academic crypto research projects is discussed) and 4 (where he provides suggestions for important practical projects academic cryptographers should tackle). Sections 1 and 3 are written for an audience of academics who might be less familiar with the political implications of crypto than the typical HN reader.
Essentially, Rogaway is trying to convince mathematicians to embrace the practical and political impact of their work.
Colin Percival gets a nice mention towards the end of the paper. I'd be over the moon if I were him. Congrats, Colin!