Comment OP here. The third way is just capitalism with extra "were different" rhetoric.

Remember capitalism isnt a vibe its the private control of production for profit.

All "third way" people are just capitalists with extra checks and balances for freedom.

What they dont say or realize is that these extra checks and balances can be done away with by the very incentives of the people they think wont.

Power isnt a vibe, its the control of production made policy.