I've seen meatspace communities start to break into factions and have a rise in drama because they've gotten too big; I think that internet communities have the exact same problem. It's worsened by the fact that companies have a hard time properly moderating at scale and that companies can profit from the views from increased drama. All of the fundamentals and incentives seem to work against large scale communities.

So the "old" web that I fondly remember is smaller communities. Some of course had abject shittiness, but the communities were contained -- so shitty groups (every community can figure out what shitty is on their own) are less likely to invade your conversations.

There are, of course, significant forces working against this. Small communities require active administration and moderation. Someone technical has to maintain and pay for the service; someone has to define what an asshole is and give them the boot. And since people seem averse to paying for privacy, I don't think there are enough volunteers for this to scale. There are also huge undeniable upsides to large communities that you simply can't replicate at the small scale.

But it's the web I remember and like. Where I feel like I can get to know people and don't feel like I'm shouting into the void. Where I don't feel like my conversations are constantly interrupted by jerks that have nothing to keep them away.