Its policy was to protest against increasing American influence in Icelandic daily life.
It protested that American soldiers could wander around Iceland without being monitored, and also protested that American base television programs were visible to the Icelandic general public.
It also criticised the United People's Socialist Party (Sameiningarflokkur alþýðu, sósíalistaflokkurinn) for being to loyal to the Soviet Union.
The editors and owners of Frjáls þjóð supported the National Preservation Party which was founded in March 1953.
Two later editors/owners who became members of parliament were Ragnar Arnalds in 1960 and Jón Baldvin Hannibalsson 1964–1967.