The Socialist Party (; SP) was a minor left-wing political party in South Korea, founded in 1998. It advocated an ideology of socialism, ''social republicanism'', peace and environmentalism. On 19 February 2012, at its final Sixteenth Party Congress, the Socialist Party voted by 404 votes to 54 to merge with the New Progressive Party.사회당, 진보신당과의 합당을 위한 수임기관 설치
Socialist Party, 19 February 2012. Retrieved 8 March 2012. The party was formally dissolved on 4 March 2012.

History

The ''People's Victory 21'' ( ko, 국민승리21) party (the later DLP) was formed in preparation for the presidential election of 1997. This was an attempt to unite South Korean

progressives Progressivism holds that it is possible to improve human societies through political action. As a political movement, progressivism seeks to advance the human condition through social reform based on purported advancements in science, techno ...

in a single party, but dissenting progressives who focused on

class struggle Class conflict, also referred to as class struggle and class warfare, is the political tension and economic antagonism that exists in society because of socio-economic competition among the social classes or between rich and poor. The forms ...

argued that there was an excess of nationalism in the VoP21 platform. As an example, they pointed to the slogan of Kwon Young-ghil, VoP21's presidential candidate, "''Stand up, Korea!''" ( ko, "일어나라 코리아!"). After the election, these dissenting progressives formed the "Youth Progressive Party" ( ko, 청년진보당). The Youth Progressive Party ran for election to the National Assembly in the Guro-gu local constituency, and attained 4.1% of the votes cast. In August 2001, the party changed its name to "Socialist Party" under the slogan "''Against Capitalism, Against WPK''", targeting certain nationalists known as the "NL" (National Liberation) faction within the Democratic Labor Party. The party changed its name to "Hope Socialist Party" ( ko, 희망사회당) in April 2006, and to "Korea Socialist Party" ( ko, 한국사회당) in October 2006 due to the Korean law forbidding the usage of a party name for four years when registration is canceled. In the 2008 parliamentary elections, the party amassed less than 3% of the vote, and the national election committee consequently canceled its registration. In November, the party re-registered with the name "Socialist Party".

Elections

On several occasions, the party ran candidates for president or parliament, for example

Kim Yeong-gyu Kim or KIM may refer to: Names * Kim (given name) * Kim (surname) ** Kim (Korean surname) *** Kim family (disambiguation), several dynasties **** Kim family (North Korea), the rulers of North Korea since Kim Il-sung in 1948 ** Kim, Vietnamese fo ...

in the 2002 presidential election, but it never won any elections. For the

2007 presidential election This electoral calendar 2007 lists the national/federal direct elections held in 2007 in the de jure and de facto sovereign states and their dependent territories. Referendums are included, although they are not elections. By-elections are not i ...

Geum Min Geum Min is a South Korean politician. He was a Socialist Party delegate from 2006 until 2008. He also came forward as a candidate in the 17th presidential election. See also * Hong Sehwa Hong Sehwa is a South Korean journalist and forme ...

ran as the party's candidate for president. He proposed the idea of ''social republicanism'', subsequently adopted as a component of the party's platform.

Election results

President

Legislature

References

External links

* {{South Korean political parties Progressivism in South Korea Universal basic income in South Korea