political-philosophical movement/stance/position.
Your Third Way (the org) ofttimes advocates for third-way positions.
Both were closely related to and tied to the old (and now defunct) Democratic Leadership Council (DLC).
I am 100 per cent sure you know all this like the back of your hand. Hell, you probably know many of the third way power players personally, given your history of being on the inside of US politics.
Third Way
https://en.wikipedia.org/wiki/Third_Way
The Third Way is a centrist political position that attempts to reconcile right-wing and left-wing politics by advocating a varying synthesis of centre-right economic policies with centre-left social policies. The Third Way was born from a re-evaluation of political policies within various centre to centre-left progressive movements in the 1980s in response to doubt regarding the economic viability of the state and the perceived overuse of economic interventionist policies that had previously been popularised by Keynesianism, but which at that time contrasted with the rise of popularity for neoliberalism and the New Right starting in the late 1970s and throughout the 1980s.
The Third Way has been promoted by social liberal and social-democratic parties. In the United States, a leading proponent of the Third Way was Bill Clinton, who served as the country's president from 1993 to 2001. In the United Kingdom, Third Way social-democratic proponent Tony Blair claimed that the socialism he advocated was different from traditional conceptions of socialism and said: "My kind of socialism is a set of values based around notions of social justice. ... Socialism as a rigid form of economic determinism has ended, and rightly." Blair referred to it as a "social-ism" involving politics that recognised individuals as socially interdependent and advocated social justice, social cohesion, equal worth of each citizen and equal opportunity.
Third Way social-democratic theorist Anthony Giddens has said that the Third Way rejects the state socialist conception of socialism and instead accepts the conception of socialism as conceived of by Anthony Crosland as an ethical doctrine that views social democratic governments as having achieved a viable ethical socialism by removing the unjust elements of capitalism by providing social welfare and other policies and that contemporary socialism has outgrown the Marxist claim for the need of the abolition of capitalism as a mode of production. In 2009, Blair publicly declared support for a "new capitalism".
The Third Way supports the pursuit of greater egalitarianism in society through action to increase the distribution of skills, capacities and productive endowments while rejecting income redistribution as the means to achieve this. It emphasises commitment to balanced budgets, providing equal opportunity which is combined with an emphasis on personal responsibility, the decentralisation of government power to the lowest level possible, encouragement and promotion of public–private partnerships, improving labour supply, investment in human development, preservation of social capital and protection of the environment.
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