The left thinks that rumors and fake news generated by the right and spread at the speed of light beyond the control of gatekeepers on Facebook are a danger to our liberal democracy. The right thinks a private company should not have the ability to censor political speech. In this case, both sides are correct.
The issue isn’t whether Facebook puts its profits ahead of the public interest, even though it does; the root of the problem is that Facebook is effectively an immensely influential international public utility being operated as a private company for the benefit of its wealthy investors. That cannot last. Facebook should either be broken up or regulated like other public utilities in order to reduce its power over our political system.