Aiming to transcend the conflict between Left and Right, the Third Way was welcomed by leading figures on the world stage. Its program of modernization, flexibility, and community regeneration indicated a way forward for many societies. Within a firm market emphasis, equality of opportunity and social inclusion were given a prominent place. However, its leaders' lack of direction and disinclination to face hard decisions have left its promise unfulfilled. This book puts forward a rigorous rethinking towards making the Third Way an effective instrument of progress for Britain as well as abroad.

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