You raise an interesting point, but the purpose of an editor is to filter content
before publication in a scarce medium so that resources aren't wasted publishing crap no one wants to read. The editor serves the owner of the means of publication and acts as a quality filter so that only content worth buying and reading will make it into print.
Unlike a printing press or a broadcast frequency, the internet is unbounded and access is dirt cheap. There's effectively no cost to publish crap, so there's no reason not to wait until after publication to filter for quality.