The moderation system is pretty much the same as any forum. You just have to read the sidebar rules first when you're posting on an unfamiliar subreddit, as you would when joining any community.
They also don't quietly remove comments in a way that is invisible to a user for triggering some keyword in AutoModerator or a spam filter. And there are usually no minimum karma or account age requirements for posters.
Any large site does this. Even HN.
Moderation of that type usually seems to be secret, but the problematic moderators that I have noticed seem to be trying to protect some political belief or pet disinformation from discussion. It poisons the entire site for me.