The problem lies in lack of practical experience and real world knowledge. Academia has, no doubt, produced some great minds. But for my money I look at this analogy: If I were choosing a heart surgeon, I would choose the one the finished 3rd or 4th in his/her class but has 10 years experience over one that finished at the top of his/her class and has yet to perform a surgery.
So in this case, these academics have undoubtedly got a wealth of educational and theoretical experience, but nothing can compare to actual real world knowledge and practical experience that can't be learned in any classroom.
That's a bad analogy. It would be better to compare somebody that was at the top of their class but had no experience or influence from anybody yet to somebody that was a little lower in their class but belonged to a corrupt, unethical, heartless system for ten years that screwed over other people's health for their own profit and took out people's organs when they thought they could get away with it to sell them on the black market. In that case which surgeon would you want? Experience is a actual negative when the experience is from something like our business or political systems.