Third Way: Difference between revisions

*[[File:DPSDjukanovic.png]] [[Authoritarian Capitalism|Milo DjukanovicĐukanović]] (1962-) [[File:Cball-Montenegro.png]] {{PBW|Montenegroball|Montenegro}}

*[[File:ANC-iconRamaphosa.png]] [[Neoliberalism|Cyril Ramaphosa]] (1952-) [[File:Cball-South_Africa.png]] {{PBW|South Africaball|South Africa}}

[[File:Djukanovic.png]] '''DjukanovicismĐukanovićism/Democratic Party of Socialists (Montenegro)''' [[File:DPS.png]] <ref>[https://soc.kuleuven.be/io/english/european-party-monitor/montenegro/party-system "Montenegro Party System"], Kuleuven.be.</ref> {{Collapse|

**[[File:Anti-Croat.png]] Anti-Croat sentiment (Accused, 1991-1995) {{Refn|Đukanović took part in the siege of Dubrovnik.|group=Note}}

'''Third Way''' is a [[File:Centrist-yellow.png]] [[:Category:Centrists|centrist]] ideology that combines stances from [[File:Neoliberal-icon.png]] [[Neoliberalism]] and [[File:Socdem.png]] [[Social Democracy]]/[[File:Soclib.png]] [[Social Liberalism]].<ref>[https://web.archive.org/web/20110425141440/http://news.bbc.co.uk/2/hi/458626.stm ''"What is the Third Way?"'], BBC News. Archive.</ref>{{Refn|For this reason, authoritarian regimes like [[Capitalist Communism|Eduard Shevardnadze]], [[Social Authoritarianism|Thaksin Shinawatra]], and [[Authoritarian Capitalism|Milo DjukanovicĐukanović]] are considered Third Way, as they blended neoliberal reforms with Keynesian policies and a center-left aesthetic (DjukanovicĐukanović being a member of a self-proclaimed democratic-socialist party).|group=Note}} The policies favored by Third Way fluctuate based on [[File:Pragmat.png]] {{PHB|Pragmatism|political/economic circumstances}} and leadership attitudes. Third Way advocates mostly pursue and advocate for [[File:Capcom.png]] [[Capitalist Communism|private-public]] partnerships, [[File:Markets.png]] commercialization, [[File:Welf.png]] a [[Welfarism|moderate welfare state]], [[File:DeficitHawk.png]] balanced budgets, [[File:Globcap.png]] free trade, [[File:Atlanticism.png]] closer transatlantic relations, [[File:Antireg.png]] deregulation, and (sometimes, but not always) [[File:Antisoc.png]] union busting & [[File:Fiscon.png]] [[Fiscal Conservatism|welfare cuts]] while still maintaining a [[File:Leftunity.png]] left-wing aesthetic.{{Refn|See the Labour Party in New Zealand in the 1980s under financial minister [[File:Rogernomics.png]] [[Fiscal_Conservatism#Rogernomics|Roger Douglas]] and various Third Way PMs after him, for example; while they pursued aggressive deregulation and tax breaks, which made New Zealand one of the [https://www.heritage.org/index/country/newzealand most economically free countries in the world], they still nevertheless maintained the social democratic aesthetic of yesteryear.|group=Note}} Advocacy for this ideology arose during the oil crisis of the 1970s & through the presidencies/premierships of various [[File:ConNeoLIb.png]] [[Conservative Liberalism|conservative neoliberal]] administrations of the 1980s and 1990s in which Keynesianism's popularity declined and neoliberal thinkers like [[File:Friedman.png]] [[Chicago School|Milton Friedman]] thoroughly challenged [[File:Regulationism.png]] government meddling in the economy and the previous Keynesian economic consensus, leading to many on the left seeing a need to combine neoliberalism with [[File:Prog-u.png]] [[Progressivism|progressive]] values to stay politically up to date with the new neoliberal economic consensus.