Without ISP-level neutrality, the opposite would be true. Here's the scenario in that case:

1) Google, Facebook, Twitter, CloudFlare, GoDaddy, and a few other actors ban a certain flavor of hate speech.

2) The pro-hate-speech crowd tries to start their own "Facebook for white nationalism" but can't, because they don't have "premium" peering arrangements with all the eyeball ISPs.

3) There is no step 3, it's game over.

When you say pro-hate-speech, do you include Marxist rhetoric in there? I only ask because anyone who has suffered through communism will tell you who the truly brutal and destructive monsters in this world are. I can think of no fascist regimes in the world today, but I can name quite a few far left ones where I would not want to reside.

Whether or not something is really hate speech is beside the point of my argument. The big tech companies could decide to block speech that disparages Bugs Bunny and the point would still hold. Without ISP-level neutrality, competition doesn't provide a check on the existing "big tech" companies foisting their moralism users who disagree with it.

Are we all incapable of discerning what is and what isn't acceptable?

We are all incapable of coming to a consensus about what is acceptable. This is pretty much the same as saying there are always disagreements in politics.

Whatever you permit to be used against your opponents is certain to be used against your friends as well.

Well, since YouTube deleted evidence of war crimes, I would say yes we are incapable.

> Why couldn't you say the same about net neutrality?

Starting your own ISP can require MASSIVE capital investment if you want to have a hope of competing and take years. There's a reason there are only a handful of really competitive ISPs in the US.

Changing DNS hosts is a mild inconvenience. They can find someone who will host their records. Google shouldn't be forced to do it.

But if I don't like the only ISP in my town blocking some stuff I don't the kind of money Google had to waste to start a new ISP for me and others in my town.

Google also removed the Gab app from it's app store. Setting up a DNS host is simple, but starting your own Google/Android/CDN requires an equally massive investment.