Perceived intellectual capacity  

The word "perceived" is being added to the phrase "His (perceived) intellectual capacity is being satirized ...". This is, seen from one side, redundant, since intellectual capacity is always a perceived feature but assuming a divergence between "perceived intellectual capacity" and "(actual) intellectual capacity", (semantically) it is his (actual) intellectual capacity the one that is being satirized (irregardless of it being high, low, average...). Einstein intellectual capacity has also been satirized, sometimes as high, sometimes as being low. Satirized=(aprox)ridicule. You don't say, for example, instead of "The play ridicules you", "The play ridicules the image we have of you".