Socialist Party of Labour
Encyclopedia
The Socialist Party of Labour (Romanian: Partidul Socialist al Muncii, abbr. PSM) was a socialist
-nationalist political party in Romania. The party has also been labelled as neo-communist. It was founded on 16 November, 1990. The chairman of the party was Ilie Verdeţ
, former premier under Nicolae Ceauşescu
. On 1992 legislative election, the party got roughly 3% of votes and entered the parliament. Together with the Great Romania Party, the PSM formed the 'National Bloc' faction in Romanian Senate. The PSM participated in the so-called Red Quadrilateral
coalition that in addition to PSM included Iliescu's Democratic National Salvation Front
, the Greater Romania Party
(at that time national-communist) and the nationalist Romanian National Unity Party
. Later, the Socialist Party of Labour gradually lost its influence.
In July, 2003, the party fused with the Social Democratic Party (Romania)
; members who objected to the fusion formed a splinter group, called the Socialist Alliance Party
.
Socialism
Socialism is an economic system characterized by social ownership of the means of production and cooperative management of the economy; or a political philosophy advocating such a system. "Social ownership" may refer to any one of, or a combination of, the following: cooperative enterprises,...
-nationalist political party in Romania. The party has also been labelled as neo-communist. It was founded on 16 November, 1990. The chairman of the party was Ilie Verdeţ
Ilie Verdet
Ilie Verdeţ was a Romanian politician.Born in Comăneşti, Bacău County, and a miner from age 12, he joined the Romanian Communist Party in 1945. After graduating from the Bucharest Academy of Economic Studies, he climbed through the Party apparatus...
, former premier under Nicolae Ceauşescu
Nicolae Ceausescu
Nicolae Ceaușescu was a Romanian Communist politician. He was General Secretary of the Romanian Communist Party from 1965 to 1989, and as such was the country's second and last Communist leader...
. On 1992 legislative election, the party got roughly 3% of votes and entered the parliament. Together with the Great Romania Party, the PSM formed the 'National Bloc' faction in Romanian Senate. The PSM participated in the so-called Red Quadrilateral
Red Quadrilateral
The Red Quadrilateral was a term used to describe the Romanian government between the 1992 and 1996 legislative elections...
coalition that in addition to PSM included Iliescu's Democratic National Salvation Front
Social Democratic Party (Romania)
The Social Democratic Party is the major social-democratic political party in Romania. It was formed in 1992, after the post-communist National Salvation Front broke apart. It adopted its present name after a merger with a minor social-democratic party in 2001. Since its formation, it has always...
, the Greater Romania Party
Greater Romania Party
The Greater Romania Party is a Romanian radical right-wing, ultra-nationalist political party, led by Corneliu Vadim Tudor. The party is sometimes referred to in English as the Great Romania Party....
(at that time national-communist) and the nationalist Romanian National Unity Party
Romanian National Unity Party
The Romanian National Unity Party was a political party in Romania between 1990 and 2006.PUNR was the first nationalist party in post-Communist Romania, created in 1990....
. Later, the Socialist Party of Labour gradually lost its influence.
In July, 2003, the party fused with the Social Democratic Party (Romania)
Social Democratic Party (Romania)
The Social Democratic Party is the major social-democratic political party in Romania. It was formed in 1992, after the post-communist National Salvation Front broke apart. It adopted its present name after a merger with a minor social-democratic party in 2001. Since its formation, it has always...
; members who objected to the fusion formed a splinter group, called the Socialist Alliance Party
Socialist Alliance Party
The Socialist Alliance Party is a political party in Romania. It developed out of the wing of the Socialist Party of Labour that objected to the merger of PSM with the Social Democratic Party in July 2003 and wanted PSM to continue to exist as a Marxist party...
.