Modern Academia was first established officially in Italy. The University of Bologna was founded around 1088, and was chartered in 1158 by Federico I Barbarossa. Since the beginning till the first half of the 20th century, academics had freedom to think, work, express opinions and travel for the greater abstract good of knowledge. For knowledge per sé.
The situation for Academia in the Third Millennium is very different. There is increasing evidence that the University system has become a business. The Universities no longer provide a space for academics and students, but are mostly concerned on ways o increase revenue. This general attitude comes at the expense of research quality, teaching quality, scope of research and the old flair that education had, when teaching was not about the technical contents but about forming new human beings.