People seem to be pretty bad at understanding satire unless it's directly spelled out for them. The ferengi are one of the few instances that really did a good enough job of coding the disgusting aspects of capitalism and authoritarianism without leaving enough room for people to get confused. Even with DS9's more redeemable ferengi, they're mostly sympathetic because of the ways they push back against tradition.
Contrast that with something like Homelander. You've got this character that is evidently evil, but who puts on this facade of being just and official that most people in the setting eat right up. The ferengi, meanwhile, are recognized by most other people as being these gross, greedy, incompetent creatures that would kill their own mothers for a strip of latinum and want nothing more than to take advantage of everyone. Even Quark, who evokes some amount of sympathy by pushing back a little bit occasionally, personifies most of these traits.
Or look at Warhammer. The portrayal of the space marines chiefly centers around their own propaganda that glorifies them. It even offers arguments for players to make as to why their system is "necessary". Most of the heavy lifting goes to propping them up rather than demonstrating how terrible and utterly wrong they are. Same with Helldivers. Contrast that with something like the gorgons in the Hitchhikers Guide to the Galaxy, which have a similar outlook but are shown as being stupid, petty, disgusting, and generally without redeeming features.
Both of these are styles of satire, but one does the job and the other completely backfires when an audience gets involved.