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The Third Way is a nickname for a social-economic policy that has become an important ideology in modern European democracies, especially by some Social-Democratic parties, 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 - Neue Mitte("New Center")
• Spain's José Luis Rodríguez Zapatero - Nueva Vía ("New Way")
• Former Dutch Prime Minister Wim Kok

The "Third Way" of Blair and Zapatero stands for de-regulation, de-centralisation, lower taxes for multinational companies(which results in social degratiation and the privatisation of previously social welfare.

The general idea is the idea of Radical centrist politics

The term was used by Benito Mussolini to describe fascism as an alternative to communism and democracy.

See also: third way (other meanings of third way)

External link

• Why Tony is not a guitar-wielding facist dictator; The Guardian, July 1, 2003 - about Mussolini and Blair.

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