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A Third Road:New Model of Development of Capitalism in the Contemporary Era
Chen Zehua, Zhang Zhiyong
1999, (11):
27-32,80.
DOI:
The author holds that the so-called third road is put forward on the basis of summarizing the new Keynes and new liberalism, the traditional leftist and rightist theories. It is a thorough adjustment of the capitaist camp after World War Ⅱ. The third road, according to Mr. Blair, the British Prime Minister, is an attempt to seek social juctice in balance between individualism and traditional government interference, and democratic cooperation among different social classes; while Mr. Clinton, the American President, believes that the third road is a free market economy composed of the enterprises, laborers, the goverment, investors and consumers as well. What the third road is supposed to solve is how to coordinate functions of the government and the free market, government control and democracic liaison. It is a reform of management that does not change the nature or the fate of capitalism in any substantial way.
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