Shit's still going down, the situation is not yet resolved with reddit
It's understandable to want content and an active community, but that's exactly what many people are cheering: the more Reddit crumbles, the more people will leave and create/share content elsewhere (like here)
In practice, I'm a common social democrat.
At heart, I'm an Anarchist. I don't have enough knowledge and confidence to believe it would work but I believe it would be beneficial for us to try to make it work, even if it ends up failing