The idea of finding a 'third way' in politics has been widely discussed over recent months - not only in the UK, but in the US, Continental Europe and Latin America. But what is the third way? Supporters of the notion haven't been able to agree, and critics deny the possibility altogether. Anthony Giddens shows that developing a third way is not only a possibility but a necessity in modern politics.

Collective bargaining and workers’ voice are often discussed in the past rather than in the future tense, but can they play a role in the context of a rapidly changing world of work? This report provides a comprehensive assessment of the functioning of collective bargaining systems and workers’ voice arrangements across OECD countries, and new insights on their effect on labour market performance today.

The notion of social policy as a productive investment and a prerequisite for economic growth became a core feature in the ideology of Swedish social democracy, and a central component of the universalism of the Swedish welfare state. However as the Swedish Social Democratic Party (SAP) embarked on its Third Way in 1981, this outlook on social policy as a productive investment was replaced by the identification of social policy as a cost and a burden for growth. This book discusses the components of this ideological turnaround from Swedish social democracy’s post-war notion of a strong society, to its notion of a Third Way in the early 1980s. It is a novel and innovative contribution to the history of Swedish social democracy and recent developments in the Swedish welfare state, and it also sheds light on contemporary social policy debates. It will appeal to a wide readership from students of contemporary history and politics to policy makers and specialists.

Contributors, ranging from Chancellor Gordon Brown to the Guardian newspaper's Polly Toybee, discuss the Labour Party's political philosophy and address key topics like globalization, constitutional reform, equality and the 'third way'.