Socialist Party (South Korea)
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Socialist Party
사회당 Sahoedang |
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|---|---|
 |
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| President | An Hyo-sang |
| Founded | November 29, 1998 |
| Dissolved | March 4, 2012 |
| Merged into | Labor Party |
| Headquarters | 11F Nagyeong Building, 115-62 Gongdeok-dong, Mapo-gu, Seoul |
| Ideology | Socialism of the 21st century |
| Political position | Left-wing |
| Colours | Red, Black, Green |
| Website | |
| sp.or.kr | |
| Socialist Party | |
| Hangul | 사회당 |
|---|---|
| Hanja | |
| Revised Romanization | Sahoe-dang |
| McCune–Reischauer | Sahoe-tang |
Socialist Party 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. The party was formally dissolved on 4 March 2012.
The People's Victory 21 (Korean: 국민승리21) party (the later DLP) was formed in preparation for the presidential election of 1997. This was an attempt to unite South Korean progressives in a single party, but dissenting progressives who focused on class struggle 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!" (Korean: "일어나라 코리아!"). After the election, these dissenting progressives formed the "Youth Progressive Party" (Korean: 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.
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