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If you create a community that generates ad/gold/whatever revenue for Reddit mods should be able to get at least a bit of it. No communities = no revenue for Reddit.
Going from “doing it for fun” to being paid for it is probably going to destroy the spirit of a community.
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"run it however you want" This isn't true. You either get in line or your community is banned.
Reddit may have some high profile cases where they banned a subreddit, I find Reddit rather tolerant. For example, there are several longstanding subreddits dealing with kinky sex, drugs, and kinky sex on drugs. Opposite and controversial viewpoints have their subreddits: prolife and prochoice, progun and guncontrol, vim and emacs, etc... Most bans are for really terrible communities, and yes, for a few of them, I th…
Only if you subscribe to the group think.
The truth is that reddit is one of the largest collection of bigots on planet earth.
Yeah, and home cooks do billions of dollars worth of free cooking per year for their friends and family. The fact that something can be valued in dollars doesn't actually mean that it's wrong that it's being done for no monetary compensation. You can put a dollar value on anything, including every constructive hobby, sport, and pastime that people do.
The problem with your take is that free, public labor devalues paid, public work. This is also why its difficult to compete with 'free' services such as 'free email'.