Regarding Reddit, there are several instances of its users using their collective power for good. For example, Prior to Jon Stewart and Stephen Colbert holding their rally in Washington DC earlier this year, a single Reddit user started a campaign to convince Colbert to hold a rally in Washington DC. Users caught on to the campaign, and responded by raising $500,000 for charity in order to gain attention. Colbert noticed the gesture, and even though him and Stewart have said that they had the idea for the rally before Reddit, Colbert has gone on to mention Reddit on his show. A few weeks ago, Colbert also answered questions from Reddit users in a special "guest appearance" on the site.
From these two examples, I think it is apparent that the users give Reddit and Digg their sense of community and identity. When that identity is forcefully changed, as in Digg's case, the users responded by leaving the website. In Reddit's case, when the users are allowed to form a community with their own identity, they responded by using their power to garner attention for the site in good ways.
I used Wikipedia briefly while writing this post to clarify a few facts regarding key events for Digg and Reddit
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