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Brazilian Socialist Party

Brazilian Socialist Party
Partido Socialista Brasileiro
President Carlos Siqueira
Founded 6 August 1947
Split from National Democratic Union
Headquarters SCLN 304, bloco "A", Entrada 63, sobreloja
Brasília, Brazil
Newspaper Folha Socialista
Membership 601,266
Ideology Social democracy
Democratic socialism
Political position Centre-left
International affiliation Progressive Alliance
Colours      Red
     Yellow
TSE Identification Number 40
Seats in the Chamber of Deputies
31 / 513
Seats in the Senate
7 / 81
Governors
3 / 27
Seats in State Assemblies
71 / 1,059
Local Government
327 / 5,566
City councillors
3,484 / 51,748
Website
http://www.psbnacional.org.br/

The Brazilian Socialist Party (Portuguese: Partido Socialista Brasileiro, PSB) is a political party in Brazil. It was founded in 1947, before being abolished by the military regime in 1965 and re-organized in 1985 with the re-democratization of Brazil. It elected six Governors in 2010, becoming the second largest party in number of state governments, behind only PSDB. In addition to that, it won 34 seats in the Chamber of Deputies and three seats in the Senate, besides having been a member of the For Brazil to Keep on Changing coalition, which elected Dilma Rousseff as President of Brazil.

In 2014 the party went into opposition, advocating greater economic stability, low inflation, high economic growth, sustainable development, and social welfare programs.

The name Brazilian Socialist Party or variants had been used by several small socialist parties of brief existence prior to the foundation of PSB on 1947.

PSB has its origins at the end of the Getúlio Vargas' Estado Novo regime, when the Democratic Left (Esquerda Democrática – ED) emerged as a faction of the National Democratic Union (União Democrática Nacional – UDN) in 1945. Its goals were to combine the social changes of the period with broad civil and political liberties. ED's ideology was based on a broad left-wing concept: it advocated that socialism had to be built gradually and legally, through the defense of democracy and a national identity. In this sense, it differed greatly from other opposition parties, such as UDN, which advocated free market policies, and the Communist Party (PCB), which advocated the authoritarian socialism of the Soviet Union.


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