Your reply is reductive: Stanford is not some run-of-the-mill LLC - they have a charter legislated into state law, granting privileges not given(!) to most other self-organized groups in the state. Saying this is not authoritarian - that's just stating historical fact.

You and a few billionaire friends can't incorporate, buy land and automatically have the legal cover that Stanford has; so no, Stanford has no right to exist in it's current, highly privileged form