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Italian Socialist Party

Italian Socialist Party
Partito Socialista Italiano
Founders Filippo Turati
Andrea Costa
Anna Kuliscioff
Leaders Filippo Turati
Nicola Bombacci
Costantino Lazzari
Pietro Nenni
Sandro Pertini
Francesco De Martino
Bettino Craxi
Giuliano Amato
Founded 14 August 1892
Dissolved 13 November 1994
Merger of Italian Labour Party
Italian Revolutionary Socialist Party
Succeeded by Italian Socialists
Newspaper Avanti!
Membership  (1991) 674,057
Ideology Before 1945:
Socialism
Revolutionary socialism
From 1945 to 1976:
Socialism
Democratic socialism
After 1976:
Social democracy
Political position Before 1945:
Far-left
From 1945 to 1976:
Left-wing
After 1976:
Centre-left
National affiliation Popular Democratic Front (1947–48)
Organic Centre-left (1962–76)
Unified Socialist Party (1966–71)
Pentapartito (1980–93)
European affiliation Party of European Socialists
International affiliation Socialist International
European Parliament group Party of European Socialists
Colours      Red

The Italian Socialist Party (Italian: Partito Socialista Italiano, PSI) was a socialist and, later, social-democraticpolitical party in Italy. Founded in Genoa in 1892, the PSI dominated the Italian left until after World War II, when it was eclipsed in status by the Italian Communist Party. The Socialists came to special prominence in the 1980s, when their leader Bettino Craxi, who had severed the residual ties with the Soviet Union and re-branded the party as "liberal-socialist", served as Prime Minister (1983–1987). The PSI was disbanded in 1994 as a result of the Tangentopoli scandals.

The Italian Socialist Party was founded in 1892 as the Partito dei Lavoratori Italiani (Party of Italian Workers), by delegates of several workers' associations and parties, notably including the Italian Labour Party and the Italian Revolutionary Socialist Party. It was part of a wave of new socialist parties at the end of the 19th century and had to endure persecution by the Italian government during its early years. On September 8, 1893, while in Sicily the Fasci Siciliani are spreading, the Italian Workers' Party is celebrating its second congress in Reggio Emilia and decides to adopt the name of Italian Socialist Party.

At the start of the 20th century, however, the PSI chose not to strongly oppose the governments led by five-time Prime Minister Giovanni Giolitti. This conciliation with the existing governments and its improving electoral fortunes helped to establish the PSI as a mainstream Italian political party by the 1910s.


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