Final answer:
Real liberty in forming a republican government is found in moderate governments, not in the extremes of democracy, which can lead to a monarchy or dictatorship. By forming a republican government, power can be balanced and individual rights protected.
Step-by-step explanation:
In the formation of a republican form of government, real liberty is found in moderate governments rather than in the extremes of democracy. If a society inclines too much towards democracy, it can lead to the rise of a monarchy or some other form of a dictatorship. The fear is that too much power in the hands of the majority can result in the suppression of minority rights and the concentration of power. By forming a republican government, power can be divided and limited, allowing for a balance of power and protection of individual rights.