I believe all platforms do moderation of some sort. It sounds like what you are proposing is that nobody be allowed to do any moderation. How do you think that would work?
It would work as the internet is supposed to work. Like it worked about until 2015. Slander and libel is punishable under law. This is the way to punish lies and excesses. For the rest, lets just talk, freely, and let the best ideas win.