Forgive my general ignorance but...

[PigmerikanMao]

...what is "third way" economics? I've also heard it called the radical center. What do these people believe? What is their general ideology? Is this idea new or has third way economics been around for some time? Is this a smokescreen for fascist economics?
Sorry, I'd post this in learning, but restricted people aren't allowed to post there. :rolleyes:

[Drace]

Wiki Pedia....

http://en.wikipedia.org/wiki/Third_Way_(centrism)

[PigmerikanMao]

Hmm... well I feel dumb now. :blushing:

[GPDP]

Pretty much fascist economics given a nice populist facelift.

[Glenn Beck]

The sleaziest and least principled political "ideology" out there. The reigning doctrine of western ruling classes since the end of the Cold War, and the apotheosis of neoliberalism.

[spartan]

Do you mean Third Way in the Bill Clinton and Tony Blair economic policies sense? Or Third Positionism and syncretic ideologies like classical Fascism?

[TheCultofAbeLincoln]

Ah, the Third Way.

Commies generally hate it because it negates some of what Marx wrote about Capitalism (how it's unbending and doomed to fail) and shows that a center of common-sensists can emerge from Capitalism in order to preserve private ownership of the means of production.

If it wasn't for the Third Way, we'd all have gone communist long ago. Hell, it wasn't supposed to be possible for a Capitalist like FDR to have the government hire hundreds of thousands of workers to build roads, dams, and bridges, right?


Is this a smokescreen for fascist economics?

"Fascist Economics" would more appropraiately be called Keynsian economics, or, in other words, using the military-industrial complex to create economic growth when private capital itself would fail.

Seeing as you're in the US, you should be familiar with the basic premises :rolleyes:

[Killfacer]

theres a thread about the third way in the anti fa forum if you want to have a look.

[Demogorgon]

There are two entirely different positions with similar names. There is third positionism which is a kind of fascism and third way politics which is a mainstream centrist position built by Tony Blair and Bill Clinton and appropriated by many former Social Democrats.

It is really just neo-liberalism tempered with a bit of regulation and (very limited) social welfare, a much weaker version of ordo-liberalism even, but it isn't fascist.