It is from 1940. I am told that it therefore:
(a) lacks modernity (it is old, so it must be antiquated),
(b) is unnecessary (we all believe in these principles, so there is no need to write them down), and at the same time
(c) is unaffordable (back in the thriving economy of the 1930s we could afford luxuries like academic freedom and tenure, but these are now the privileges of an undeserving few).
It serves the neoliberal paradigm to call all but the most superficial of democracies “outmoded.”
Axé.