the Third Way Meaning in the Cambridge English Dictionary
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Meaning of “the Third Way” in the English Dictionary

"the Third Way" in British English

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the Third Waynoun [S]

uk   us  
a ​politicalmovement in which the ​development of ​business is ​balanced with the ​needs of ​society: Tony Blair ​claimed that New ​Labour is the Third Way between ​capitalism and ​socialism.
(Definition of the Third Way from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)
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