New Labour has sought to move ahead and apply its values in a different way. Our work is at an early stage, and we are learning as we advance. But New Labour in government is putting the Third Way into practice. In the economy, our approach is neither laissez-faire nor one of state interference. We are proud to be supported by business leaders as well as trade unions.
Education is a critical priority.
Higher educational standards are the key to international competitiveness and an inclusive society for the future. In welfare and employment policy the Third Way means reforming social security to make it a pathway into work where possible. It promotes fair standards at work while making work pay by reducing the taxes and penalties that discourage work and the creation of jobs. The Third Way strives for a new balance between rights and duties - not just in welfare, but in a tougher approach to youth crime and far greater emphasis on the duties of parenthood. A new approach to family support is being forged to meet the needs of children and to help families particularly the most vulnerable - balance work and home more effectively.