Good question. I think what you are describing is Centrism, which in my mind doesn’t necessarily equate with Moderation. As you explain, there are some things which do not balance well. While we don’t want to be somewhere in between “freedom” and “unfreedom,” as you say, there can, however be balance between things such as anarchy and complete government control.
In short, I agree with you that “balance” doesn’t always imply the direct center between two extreme viewpoints.
I appreciate your distinction. Thank you for clarifying. I agree that moderation (which in the case of your post, appears to be related to Epicureanism) is an approach rather than a position. Centrism connotes an ideological position.