The party is led by Vyacheslav Gobozov, former head of the committee for information during the administration of Anatoly Bibilov.
They position themselves as socialist and have been considered a marginal radical party for their entire existence.
The Fatherland Socialist Party was originally founded in 1993 by Vadim Baskayev, who had been removed from the nationalist Adæmon Tsædis movement after he publicly supported the 1991 Soviet coup attempt.
Located on the fringe of local politics, the party took a hardline stance in regards to the East Prigorodny conflict, arguing that it was impossible for Ossetians and Ingush to live together, and further supported increasing the powers of the government of North Ossetia–Alania.
During the 1995 Russian regional elections the party won no seats in the Parliament of the Republic of North Ossetia–Alania.