third way

World English Dictionary
Third Way
a.  a political ideology that seeks to combine egalitarian and individualist policies, and elements of socialism and capitalism
 b.  (as modifier): Third Way government

Collins English Dictionary - Complete & Unabridged 10th Edition
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Cite This Source's 21st Century Lexicon
Main Entry:  third way
Part of Speech:  n
Definition:  a proposed solution that is supposedly more creative than two more obvious ideas or solutions, esp. in politics
Etymology:  from Thomas Aquinas' Third Way's 21st Century Lexicon
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