Private clubs are not necessarily bad, but ideally they should moderate for basic decorum. If they moderate for ideological alignment, they frequently become radicalization machines; echo chambers where people get their biases reinforced without being challenged.
But perhaps only because it's so new ? (Parallels with the printing press => Protestantism and other propaganda come to mind again...)
I think you see this in the various ideologically-driven twitterlikes, which have succeeded in only really capturing the extremes and have not made a dent in the mainstream.
https://www.theverge.com/2019/7/12/20691957/mastodon-decentr...
Notice the different reaction of various instance admins and client developers.
From what I have heard, since then Gab broke compatibility with other Mastodon instances ?
So the crisis was dealt with reasonably well for all involved ?
(Truth Social is also based on Mastodon.)
I think this instance-level blocking helps contain overall radicalization tho, versus the more pernicious radicalizing via mainstream social networks. Basically I don't see them as equivalent in effect, which was the point I was making.