We now begin a third article dealing with this Economic Aspect of the Third Wave. Next we shall consider the work and thoughts of Amitai Etzioni, an Italian intellectual and political commentator and a university professor tenured at Columbia and Harvard and his familiar notion of ‘The Three Legged Stool’.
From the writings of Amitai Etzioni:
“The Three-legged Stool: A mandatory partnership between the public sector (government), private sector (business), and social sector (community, churches, etc.) -- managed through Global Standards and laws established by national and international governments.”Read more!
“While governments across the world search for a new political synthesis, the theoretical debate has offered little to those interested in a new framework for progressive politics. This [is] . . . what the Third Way really means, and roots it in a communitarian vision of the good society. It argues that such societies achieve a dynamic balance between state [public sector], market [private sector] and community [social sector]....”
