We will all be punished when the price of steem stagnates or degrades. The flagging system is to stop spam, malicious content and plagiarism ect.
The moment flagging becomes a free speech issue is the moment the platform as a whole is called into question. You will not be arguing with me if you disagree. You will be arguing with the value of the coin failing to maintain its value. Nobody will want to use steemit 1.0 if steemit 2.0 looks like a safer place for content creators to not be silenced.
That is all.