New Labour’s 1997 rise marked a shift from Old Labour’s socialism and Thatcherite conservatism. Under Blair, it embraced the "Third Way"—a blend of market economics with social justice aims. Guided by managerial elites, New Labour expanded its voter base, redefined class politics, and emphasized inclusivity over redistribution. This centrist evolution transformed Labour into a modern, electable force—distinct from its ideological roots and political rivals.