Social democracy after the Third Way: restoration or renewal?

Given the ill-fated political experience with the Third Way, one would not expect social democratic parties that return to office after long opposition spells to take up again the liberal, supply-side oriented policies that were so typical for the Third Way. A case study of Denmark, however, shows that that is precisely what happens and that it has the same disastrous electoral consequences. Taking a comparative perspective and learning from the Danish experience, we conclude that other future social democratic governments are likely to pursue many elements of the updated Third Way we found in the Danish case.