The third, and final, phase of "Arkzin" lasted from 1997 until 1998. During this period seven issues in total were published. The format, number of pages and printing technique were changed, along with the content. The most professional journalist left the magazine at the time. Articles published were more theoretical, reflective, focused on broader analysis, avoiding everyday political issues. Some critics (see Veljak, Lino "Civil Society and Politics in Croatia") believe that in this period, "Arkzin" lost its political edge and became a theoretical-artistic experiment.