There is a growing number of critics who claim that modern changes of the university, based on the market fundamentalism and performance management paradigm, undermine the academic culture, ethos and trust and weaken the cultural mission of the university. The chapter focuses on a critique of the ongoing erosion of an important cultural function performed until very recently by the Western universities, which is democratization of social life through development of critical thinking, imagination, and through cultivation of social and humanistic sensibility. The main aim of this chapter is to analyze the current state of the corporate university and to reflect on the bureaucracy as a potential solution for the neoliberal limitations.