Ironically, this is a good Foucaultian critique of postmodernism as an academic field today. Foucault emphasized the relationship between knowledge and power relations, saying that the process of knowledge creation is no independent of the power structures which creates it (in this example, the academic institutions, the journals, and the allocation of capital)

Honestly, if Foucault came alive today and saw how the neoliberals took advantage of postmodernism (by stealing their language of difference and deconstruction to distract and prevent people from thinking about capital alongside to race/gender relations), he would be very disappointed.