Economics Dictionary of Arguments

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Brocker I 866
Third Way/Giddens: The theory of the "third way" unfolded in the book is conceptually, politically, and in its direction of thrust intimately linked to the politics of Tony Blair, the British Prime Minister of the time for many years, who in turn took up impulses and concepts that the Democratic President of the USA, Bill Clinton, had already introduced into the worldwide political public in the first half of the 1990s.
...It is about the consequent overcoming of the Marxist social democratic orthodoxy, which at that time still dominated and paralyzed the Labour Party (more than other social democratic parties in Europe) programmatically and in the thinking of influential parts of the membership, but also about the overcoming of the neoliberalism of the Reagan-Thatcher era, which was still dominating at that time.
I 869
He makes it clear that (...) the old socialist dogma that leftist economic policy must find its alternatives beyond the market and private property has now been completely refuted... As a consequence, social democracy of the "third way" should in future replace its old guiding concepts of equality and social justice with emancipation and inclusion.
Four strategies for a modern social democratic policy: 1. a policy of inclusion, 2. a new understanding of the state as a social investor, 3. a considerable enhancement of the role of civil society and 4. a cosmopolitan expansion of its political understanding as a whole.
His thesis of the state as a social investor is that it should no longer (as in many milieus of traditional social democracy) realize only a weakly defined idea of equality through redistribution. Instead, through targeted social investments, he is to develop the abilities of all, especially the weaker, in a variety of ways.


Thomas Meyer, „Anthony Giddens, Der dritte Weg“ in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018


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Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution.
The note [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Giddens, Anthony
Brocker I
Manfred Brocker
Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018


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