Giddens, a Cambridge Don and Director of the London School of Economics, is a disciple of "The Third Way" and is widely known as Tony Blair's favourite intellectual; he is often referred to by the press as "Mr Third Way". ... Or, could it be that he is giving voice to his belief in the ideology of New Labour, with regard to the evolution of Labour strategy and its relevance to socialism? ... "I can't help recalling J K Galbraith's reply when he was asked what he thought about the middle way. ... Re-engineering the old welfare state structure is inevitable, but only insofar as t...

• Word Count: 2076
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Marx's vision of a communistic society has helped to pave the way for a better capitalistic system. ... With the discovery of America and the following expansion of economic markets, a new manufacturing class arises. ... (pg. 484) Bourgeoisie or capitalistic economics requires owners of the means of production to give workers enough to ensure their survival. ... Though capitalism and private property was not completely abolished, Marx's ideas helped the proletariat gain legitimacy. ... These laws allowed the American working class to bridge the gap with the upper-c...

• Word Count: 1638
• Approx Pages: 7
• Grade Level: Undergraduate