The Third Way is a nickname for a social-economic policy that has become an important ideology in modern European democracies, as well as for some members of the United States Democratic Party. It gets its name from its role as an alternative to both pure capitalism, and pure socialism.
Well known examples of politicians of the Third Way include:
- British Prime Minister Tony Blair
- German Chancellor Gerhard Schröder
- Former Dutch Prime Minister Wim Kok
See also third way.
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