The overall message seem to be that we should let taxpayer funded universities run themselves with little government intervention. The article blames government interventionism on neoliberalism/capitalism because neoliberalism/capitalism doesn't like unemployable university graduates.

Here in Denmark we had a university like that a few decades ago. It briefly turned into a communist commune. However to continue to attract students they had to slowly moderate and open up. Today they are a normal university. A few of their ideas like group project oriented education was ahead of its time.