I'm not sure that is the case. Reddit's problem is that they have consistently used up more value to run the service than they have been able to deliver in return. Now they are running around like chickens with their heads cut off desperately trying to find some way to increase the value provided/decrease the value needed to stave off certain death.
A socially owned organization operated in the same manner would be suffering the same fate right now. The idea that exchanging parties expect trade of equal value is not a feature of capitalism. It is the basis of all economic systems; at least those which do not depend on an imagined post-scarcity world.
A socially owned organization operated in the same manner would be suffering the same fate right now. The idea that exchanging parties expect trade of equal value is not a feature of capitalism. It is the basis of all economic systems; at least those which do not depend on an imagined post-scarcity world.