The Third Way is a political position which tries to reconcile
right-wing and left-wing politics by advocating a synthesis of
mostly right-wing economic policies and some left-wing social
policies. This book explains why the Third Way's combination of
market-friendly and abstract value-led principles has failed in the
UK, and it shows what is needed for an adequate replacement as a
political and moral project. The book criticizes the economic
analysis on which the Third Way approach to UK policy was founded,
and it suggests an alternative to the Third Way's legalistic and
managerial basis for the regulation of social relations. Why the
Third Way Failed explains how economics misled much of the world's
leadership - enabling the crash to happen - and which new ideas
might come forward to fill the gap in public policy thinking. As
public policy is due to be hit by tremendous cuts, Why the Third
Way Failed will be extremely timely in looking for a new way
forward.
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