third way
noun/ˌθɜːd ˈweɪ/
/ˌθɜːrd ˈweɪ/
[singular]- a course of action or political policy that is between two extreme positionsCultureThe third way is seen to offer an alternative to the traditional split between left and right that is neither old-style socialism nor based on a completely free market. The term was used by Bill Clinton in the early 1990s when he campaigned as a 'New Democrat' and by Tony Blair about New Labour.
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