The problem (or possibly advantage!) with the third way as a guide
to policy is that it lacks specifics. It can be seen as a route to collaboration with liberals and progressive conservatives and European
Christian democrats. More cynically, it can be viewed as a way of
making Labour more electable by opening up the_way for pragmatic
compromise on any number of old Labour policies and values [e.g.
the redistribution of wealth and unilateral nuclear disarmament as
well as nationalisation).