WHERE DOES THE ‘THIRD WAY’ LEAD
WHERE DOES THE ‘THIRD WAY’ LEAD

Summary/Abstract: In this paper author examines unusual phenomenon that ‘Third Way’ and ‘Risk Socity’ paradigm between ‘old’ social democracy and neo-liberalism, elaborated by sociolo-gists in Great Britain, Germany, France and US in 1990s, the editorial writer for the new-est 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 reve-als inherent contradictions of both capitalist mode of production and the ‘Third Way’ and ‘Risk Society’ paradigm.

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