Third Way: Difference between revisions
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==Beliefs ==
The Third Way is a form of [[File:Radcent.png]] [[Radical Centrism]]. [[File:Ethsoc.png]] Anthony Giddens in his books ''Beyond the Left and Right'' and ''Third Way: The Renewal of Social Democracy'' talks about [[File:Neoliberal-icon.pn]] [[Neoliberalism]], and how its key tenants—such as [[File:Anti-Humanism.png]] welfare cuts, [[File:Globalism.png]] global trade, [[File:Fiscon.png]] balanced budgets—were not only popular but valid aspirations. But still seeing merit in [[File:Welf.png]] social justice and noticing the nasty side-effects of Thatcher and Reagan's economic policies (e.g., lower social trust and excessive inequality), Giddens proposes making neoliberalism more [[File:HumanisticCapitalism.png]] humane through:
# A "social investment state" which helps people climb the [[File:Merit.png]] social ladder through workforce development and education, rather than handouts.
# Preserving [[File:Keynes.png]] progressive taxation so the general population feels the gains of free market while reducing inequality.
# Making economic and political institutions more inclusive (and therefore egalitarian). {{Refn|Anthony Giddens believes "equality" and "inclusion" are synonymous, since people being able to participate in a collaborative community makes everyone better off. This relates to the concept of distributive justice.|group=Note}}
=== Economics ===
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