In this context “liberal” is being used as a synonym for communist, because that’s how American right wingers use it, but to a a leftist (socialist, communist, anarchist - the target audience for this meme) liberals, or more accurately neo-liberals, are center right capitalists. So while a right winger might throw all of these as insults at someone left of fascist, a leftist would only take offense to being called a liberal.
In this context “liberal” is being used as a synonym for communist, because that’s how American right wingers use it, but to a a leftist (socialist, communist, anarchist - the target audience for this meme) liberals, or more accurately neo-liberals, are center right capitalists. So while a right winger might throw all of these as insults at someone left of fascist, a leftist would only take offense to being called a liberal.