However, I think you are making a distinction without a real difference. The company that hosts this forum set it up with an incentive structure that results in the behavioral outcomes we see on this forum. If these incentives lead to newsworthy posts concerning the CEO of the company that runs these forums getting flagged, perhaps the incentives need to be changed.
I think the only thing I'm trying to push back on is any kind of "conspiracy" thinking - this might not be anything coordinated, definitely not by HN staff, nor by HN "elite" users or anything like that.
It's a different flavor of Reddit's "downvote for disagreement" status quo. The rules might say one thing, but the behavior of users says another.