[markdown]

I find the opposite to be true, with the large subreddits not moderated enough. Compare HN to reddit and you'll see there's a massive difference.

[dealforager]

The incentives of the site are not aligned with high quality moderation at the moment so mods spend minimal effort and find shady ways to monetize such as partnering with marketing agencies. I'm pretty sure HN mods get paid for what they do which is why they are good.