December 20, 2013
The Third Way “An Old New Idea”

This may be the first post in a couple of months. I’ve took this time outside of social networks and spent it studying and working. And I haven’t posted anything, I’ve relatively kept quiet on the issues that arose over the past several months. And just to reassure, I do have opinions, rather strong opinions, on such issues and I do care not to disappoint.

But I want to write about something that I’ve read. What I’ve learned. And what I believe will be good for the country and the world as it evolves. It is called the “Third Way”. 

It is political in nature and, as the name suggests, it is a thinking that is different from the left, right, and center approach to politics. It is a third way!

Our political system ultimately when broken into it’s component parts it centers around the question “How do we allocate resources?”. And with the responses; coming from the polar opposites of politics, the left would respond with a socialist model of policy that favors redistribution of wealth from the rich to the poor- with heavy government activism that promotes social justice through economic equality. While on the right, the response would be to have a liberal capitalist model of policy that favors free enterprise and economic competition that opens opportunity for those who seek it- with little or no government intervention in the markets. As evident there are flaws with both models, one cannot have opportunity and growth with a socialist model and one cannot have safeguards for the sick and poor with a limited government that gives free reign for corporate interests and true competition killed by monopolies. 

it seems that the conversation always seems to go back and forth. And no true progress is made because both sides only want to gather enough majorities to implement their values. 

But there is another way. It is the Third Way. It reconciles the need for capitalism with all it’s glory for opportunity and growth while guarding those who cannot guard themselves. It offers the businesses the low taxes and lack of limitations needed for innovation. And it achieves economic competition by offering skills and production instead of income distribution. 

Markets are effective generators of wealth. They must have a central role in the economy. But markets sometimes fail destroying industries and ultimately the wealth made. This requires the government to step in and to regulate industries, allowing the most amount of competition, while securing a just society. 

The Third Way advocates for common sense reform that is pragmatic and centered. It offers a solution that is economically conservative, while promoting the progressive values of social liberals. A just society needs a reconciliatory solution to it’s problems.