In recent years there has been a great deal of discussion about the social economy and the term 'The Third Way' has attained a level of household recognition, especially in America and Britain. Academics and commentators have debated the usefulness of the social economy as a restraint on capitalist excesses with some arguing that the 'third way' is but a poor substitute for a welfare state. This book provides a refreshing and accessible account of real life experience in a social economy. By focusing onnew evidence, this book critically analyzes such themes as: *the range of academic and policy expectation that have emerged in recent years in the developed world *the policies of New Labour in Britain *the dynamics of social enterprises in Bristol, London. Middlesbrough and Glasgow.

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