https://np.reddit.com/r/announcements/comments/3dautm/content_policy_update_ama_thursday_july_16th_1pm/

The overwhelming majority of content on reddit comes from wonderful, creative, funny, smart, and silly communities. That is what makes reddit great. There is also a dark side, communities whose purpose is reprehensible, and we don’t have any obligation to support them. And we also believe that some communities currently on the platform should not be here at all.

Neither Alexis nor I created reddit to be a bastion of free speech, but rather as a place where open and honest discussion can happen: These are very complicated issues, and we are putting a lot of thought into it. It’s something we’ve been thinking about for quite some time. We haven’t had the tools to enforce policy, but now we’re building those tools and reevaluating our policy.

and lol @ top comment:

https://www.reddit.com/r/announcements/comments/3dautm/content_policy_update_ama_thursday_july_16th_1pm/ct3eflt

Neither Alexis nor I created reddit to be a bastion of free speech, but rather as a place where open and honest discussion can happen[...]

When asked what the Founding Fathers would have thought of reddit:

"A bastion of free speech on the World Wide Web? I bet they would like it[...]" - Alexis Ohanian Forbes

Alexis certainly seemed to think of reddit as a 'bastion of free speech' at one point in time.

Seems like they are shedding past ideals.