Because Reddit admins are hands off unless they decide to be hands on. They get involved in the dumbest of things and not involved in important things. And mode

Because Reddit admins are hands off unless they decide to be hands on. They get involved in the dumbest of things and not involved in important things. And moderators also don’t want to give up power so there’s always the risk of them fucking things up in the subreddit before they are forced out (if they are forced out). So Reddit admins do not take that risk