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Why the Third Way failed

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In the wake of the economic crash, public policy is in search of a new moral compass. This book explains why the Third Way's combination of market-friendly and abstract, value-led principles has fa...
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  • 20 October 2010
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In the wake of the economic crash, public policy is in search of a new moral compass. This book explains why the Third Way's combination of market-friendly and abstract, value-led principles has failed, and shows what is needed for an adequate replacement as a political and moral project. It criticises the economic analysis on which the Third Way approach to policy was founded and suggests an alternative to its legalistic and managerial basis for the regulation of social relations.
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Price: $41.95
Pages: 232
Publisher: Bristol University Press
Imprint: Policy Press
Publication Date: 20 October 2010
ISBN: 9781847426567
Format: Paperback
BISACs: POLITICAL SCIENCE / Public Policy / General, Public administration / Public policy
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"What is particularly uplifting about this book is that it could be read positively from within any of our three major political parties, which means that it has the potential to generate a common mind on how future social policy should be shaped." Citizen's Income Newsletter

Bill Jordan is Professor of Social Policy at the University of Plymouth. He has held visiting chairs in Germany, the Netherlands, Denmark, Slovakia and Hungary. He worked for 20 years in the UK social services, and is the author of 27 books on social policy, social theory, politics and social work.
Introduction; Part one: A moral order?: Value, virtue and justice; Snap judgments and rational choices; Nature, science and cosmology; Part two: Regulation and relationsship: What is economics good for?; Moral regulation; In search of a moral compass; Part three: The policy response: Sharing wealth, income and work; Sustaining the quality of life; Conclusions.