What's going on is that CMOS chips have accurate capacitors, but inaccurate resistors. So the "switched capacitor" converts capacitors into resistors by oscillating the switches Phi1 and Phi2 at a certain rate.
However, the switched capacitors prevent the feedback loop from properly forming on the OpAmp.
http://cmosedu.com/cmos1/bad_design/bad_design.jpg
If anyone else has issues understanding the designs... remember that this seems to be tailored for CMOS circuits, not ordinary circuits that you'd make on a breadboard.
I guess its a "leaky abstraction". The switched-capacitors are supposed to be "thought of as resistors", but because it cuts off the op-amp feedback, you cannot use them directly as resistors in this case.
The full discussion of this circuit is here: http://cmosedu.com/cmos1/bad_design/bad_design6/bad_design_6...
Very enlightening for sure. But I'm not entirely sure how one would even get into CMOS design as a hobby. So this sort of stuff remains the realm of textbooks and theory for me. Just gonna stick with simpler breadboards for my own hobbies...