[3] The foundation of the FSM was laid in 1989, when a number of left-democratic tendencies in the Komsomol (in particular, the "Surgut Alternative") came up with a proposal to establish the Federation of Socialist Youth of the USSR.

At this stage, the FSM acted as a junior partner of the Socialist Party of the Soviet Union, and it was dominated by people with anti-Stalinist, eurocommunist and anarchist convictions.

A conference is being held by the "Federation of Socialist Youth of St. Petersburg", which adopts the charter and elects the governing and control bodies of the organization.

With the direct participation of its activists, bright protest actions are held against the imperialist policy of the United States (military operations in Yugoslavia, Afghanistan and Iraq[6]) and anti-social initiatives of the Russian authorities (adoption of a new Labor Code, reform of housing and communal services).

The FSM is part of the citywide protest coalition - the Committee for Unified Actions in Defense of the Social and Labor Rights of Workers in St. Petersburg and the Leningrad Oblast.

By the mid-2000s, the FSM consisted of three large entities: Young Supporters of the CPRF, Socialist Alternative and Social-Democratic Union of Youth.

The FSM charter declares the organization's openness to all who share traditional leftist values and categorically rejects the ideas of "totalitarianism, bourgeois liberalism, national, religious and racial superiority or discrimination."

The organization's activists took part in protest rallies on various topics, from infringement of workers' rights[10] to actions of solidarity with foreign leftists.

FSM cooperated with the Center for Mutual Assistance of Workers and the Movement of Civil Initiatives, which unites a number of free trade unions and social protest groups in St. Petersburg and the Leningrad region.