Where does the 'Third Way' lead

Abstract

In this paper author examines unusual phenomenon that 'Third Way' and 'Risk Society' paradigm between 'old' social democracy and neo-liberalism, elaborated by sociologists in Great Britain, Germany, France and US in 1990s, the editorial writer for the newest Collection of social transformation processes' research findings in Serbia explicitly, together with other contributors, promotes as the most adequate approach to examination of contemporary societies a dozen of years later. Curiosity consists in the fact that the end of the first decade of the XXI Century presents precisely the historical moment in which explosive manifestation of systemic global accumulation of capital crisis empirically reveals inherent contradictions of both capitalist mode of production and the 'Third Way' and 'Risk Society' paradigm. The key finding of the internationally known and domestic partisans of the 'Third Way' and 'Risk Society' paradigm main theses' critical analysis is that they lead to normalization of 'risks' capitalist social relations reproduced on the basis of an implicit or explicit ideological claim that there is no alternative to them.