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Third Way Democrats are neoliberals.
Neoliberalism in a nutshell:
Deregulation
Privatization
Anti-democratic in that politics are based on $ rather than votes
Maximized profits for the few over maximized utility for society
Globalization
Labor arbitrage and loss of power by labor
Upward redistribution of wealth, income, and political power.
State and corporate violence to spread and maintain the status quo of neoliberal policy.
Unfortunately in the USA, the leadership of both Democratic Party and GOP are are dominated by neoliberals.
Think Friedman.
Klein's Shock Doctrine is a good primer.
