| How did the Third Way develop? | -Due to the Rise of Neo-Liberalism, and Thatcher's successfully Dominating British Politics for a Decade, Left-Leaning Parties had to Abandon Many of their Socialist Commitments in order to Win Elections and Lead Governments |
| Is the Third Way even a Stand of Socialism? | -Arguably, it can be a form of Modern Liberalism, as it takes a more Pragmatic Approach to Socialism and Embraces Free Market Capitalism and Public-Private Partnerships
-Third Way Supporters do want a Limited Welfare State, with a 'Hand up not hand out' Philosophy and this was in Response to the Decline in Working Class in Britain. Also, the need to get Elected
-In a way, the Third Way is more Pragmatic than Ideological, as it Realised Globalisation made it Difficult to Reject Free Markets, as Firms would just Move Away. So they just accepted it.
-However, there is a Clear Support for Poverty Reduction and Social Inclusion in the Third Way. They do Embody Socialist Values. Furthermore, they are Fully Supportive of Individualism, and can be seen as Communitarian, as they focus on Communities and Citizenship |
| What are the Main Beliefs of the Third Way? | -Market Economies, with a Social Conscience: They do want Strong Social Safety Nets to Mitigate their Negative Effects, and also uphold Social Justice
-Social Justice: Reducing Inequality and Promoting Social Justice via Progressive Taxation, Investment in Public Services (maybe allowing Competition) and support for those Most Vulnerable
-Pragmatism: They value this over Ideology, and focus on what Works in Practice rather than in Ideology.
-Community: While Recognising the Market and the State, the Third Way supports the Role of Community and Civil Society in Addressing Social problems and Partnerships between Governments, Firms, Charities and Community Organisations |
