1. New Labour
Blair's "third-way" alternative created widespread cross-class appeal for New Labour, effectively capitalizing on an electorate searching for an alternative to the Conservative's political malaise. ... This "modernization" of the Labour Party is fundamentally based around the concept of Blair's third-way principles. The third-way attempts to balance the most practical fiscal elements of both the right and the left for a more palatable alternative, a mix that implements both social justice and market competitiveness (Krieger 177). ... Blair's third-way fiscal stance create...
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