Socialist Party of Labour Partidul Socialist al Muncii | |
|---|---|
 | |
| Abbreviation | PSM |
| Chairperson | Ilie Verdeț |
| Founded | 16 November 1990 |
| Dissolved | July 2003 |
| Preceded by | Romanian Communist Party |
| Merged into | PSD (faction) |
| Succeeded by | PSR (faction) |
| Ideology | Neo-communism Left-wing nationalism Democratic socialism |
| Political position | Left-wing to far-left |
| National affiliation | National Bloc (senate) Red Quadrilateral |
The Socialist Party of Labour (Romanian: Partidul Socialist al Muncii, PSM) was a left wing-nationalist political party in Romania. The party was labelled as neo-communist. It was founded on 16 November 1990. The chairman of the party was Ilie Verdeţ, former Communist Prime Minister between 1979 and 1982, under Secretary General Nicolae Ceaușescu.[1]
At the 1992 general election, the party obtained roughly 3% of votes and thus entered the parliament. Together with the Greater Romania Party (PRM), the PSM formed the "National Bloc" faction in the Romanian Senate. The PSM participated in the so-called Red Quadrilateral coalition that included Iliescu's Democratic National Salvation Front (FDSN), the Greater Romania Party (PRM; at that time national communist), the Agrarian Democracy Party (PDAR), and the nationalist Romanian National Unity Party (PUNR).[2]
Later, the Socialist Party of Labour (PSM) gradually lost its influence. In July 2003, the party fused with the Social Democratic Party (PSD); members who objected to the fusion formed a splinter group, called the Socialist Alliance Party (PSR).
