Third Way
The Third Way is a centrist reform of social democracy that rose in the 1990s with leaders such as Tony Blair, Bill Clinton and Gerhard Schröder. It combines acceptance of markets and globalisation with investment in education, welfare reform and social inclusion.
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Pursued some devolution, as in the UK, while keeping strong central policy targets.
Firmly committed to liberal democracy and electoral competition.
Often took a tough line on crime and expanded security powers.
Supported international institutions and liberal interventionism.
Accepted military interventions, including Kosovo and Iraq.
Supported diversity alongside an emphasis on integration and managed migration.
Accepted markets and private ownership, with targeted rather than broad redistribution.
Favoured light-touch regulation and public-private partnerships over direct state control.
Strongly supported free trade and globalisation.
Secular in policy while welcoming faith-based community groups.
Moderately progressive on social issues such as equality legislation.
Embraced the knowledge economy and technological modernisation.