I am looking at this circuit:

(taken from here)
In the schematic, the common mode current does not enter into the load - it is bypassed to ground through the parasitic capacitance. I have couple of doubts:
- How does this capacitance allow common mode current? It seems like this current should be DC, and capacitors block DC, right?
- If there is no current flowing through the load, then how does the load still work?