This essay offers a new interpretation of Michael Hardt and Antonio Negri's landmark work of critical social theory "Empire." It develops an account of the politics of exile by situating this political strategy in terms of Hardt and Negri's claim that it is no longer feasible to confront capitalist power head-on. It attends closely to Hardt and Negri's account of Empire's pyramidal structure, and the problems that this structure creates for the multitude's passage from virtuality to actuality. It criticizes the authors' assertion that, under Empire, the institutions associated with modernity have become indistinguishable from one another in 'society of control.' This essay concludes by theorizing the historicity and power of the university, in an attempt to specify what the democratic self-organization of the multitude, together with its exodus from Empire, might look like. Accordingly, it contends that the production of knowledge and higher education depend upon an idea of absolute value which outstrips the commodity-form, and in so doing, provides an intimation of the multitude passing to the exterior of Empire.