"A timely and innovative contribution at a time when Universities world-wide are becoming increasingly bureaucratic and corporate in their approach to academic affairs. This book provides a critique of the mysterious top-down style of managerial control that often stifles academic freedom and thought. Such voices are often oblivious to the academic project. The book shows how the magic of the market has corporatized higher education. It is a must-read for anyone interested in the folklore of university governance."Professor Russell H Kaschula, NRF SARChI Chair and Professor of African Language Studies, Rhodes University, South Africa."Universities have become international businesses much of whose capital takes the form of academic values and ideals. Such capital is malleable, readily shaped to meet the requirements of corporate marketing. In this extraordinary book, Felicity Wood digs deep into the occult to understand the university’s descent into madness. Ritual, myth, mysticism and magic facilitate the sacrifice of public benefit on the altar of neoliberal greed. Where reasoning fails to explain the collaboration of academics in their own demise, fear succeeds. Magic rewards compliant incantation of meaningless mantras - excellence, quality, world class. A brilliant and truly original exposition." Stuart Macdonald, General Editor, Prometheus.