Download or read book Why the Third Way failed written by Jordan, Bill and published by Policy Press. This book was released on 2010-10-20 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.