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The trouble I have with Wikipedia is that their systems do not align with the WMF vision:
Imagine a world in which every single human being can freely share in the sum of all knowledge. That's our commitment.
and mission
The mission of the Wikimedia Foundation is to empower and engage people around the world to collect and develop educational content under a free license or in the public domain, and to disseminate it effectively and globally.

For this vision to become real, you need much different software, that can have multiple concurrent subjective truths and not bias towards a single one (how else can one freely share. Also note how the mission statement doesn't include every single human being, but people.
I doubt that they really thought that vision through though, it sounds like a compromise where there is a hidden definition of every single human being and the sum of all knowledge that perhaps WMF themselves don't consciously have clear, and thus gives a lot of leeway in moderation.
Furthermore, I think that the vision is impossible, because the sum of all knowledge may very well include things judged by courts as slander and "hate speech", which they cannot host as long as they aren't fully decentralized without any legal entity.