Although the platform has explicit guidelines banning content that incites violence, a November article in The Atlantic pointed out at least 16 different newsletters with Nazi symbols, as well as many more supporting far-right extremism, leading to calls for change from many Substack authors and a refusal from leadership.
They didn’t, though. This is a PR move. They banned 5 people, none of whom had a substantial following. The popular Nazis remain. As I said above, they did the absolute bare minimum.
I agree with you; I think it is indeed the absolute bare minimum they had to do but I also agree with xc2215x that it’s a good move. They moved from -100 to -99 on my shithead-o-meter scale