CR proposes the construction of a socialist economy, based on workers' democracy and the traditions of the alternative labor movement.

According to its mission statement, current Red describes itself as follows: Corriente Roja will put in place a strategy defined by its anticapitalist Marxist character, radically democratic, internationalist, ecologist and feministThe organization is present in Madrid, Seville and Catalonia, and has some members in Galiza.

In the 2009 European elections CR supported and participated in Iniciativa Internacionalista (II-SP), a coalition of the Basque Abertzale Left, Izquierda Castellana, Galician People's Front and different anticapitalist parties and organizations of all Spain led by the writer and playwright Alfonso Sastre.

[4] In the summer of 2011, the organization underwent a split, when one part of the original founders accused the PRT-IR, of deciding, in April of that year, to dissolve the party within Corriente Roja, of wanting to turn CR in the Spanish section of the trotskyist International Workers' League - Fourth International in Spain.

[7] In the 2012 Catalan regional election, Corriente Roja gave critical support to the Popular Unity Candidacy (CUP).