[1] Kim Jong-cheol [ko] was elected party president,[1] and was selected as the party's presidential candidate for the February 1981 presidential elections; he finished third out of the four candidates with 1.6% of the vote.

The 1985 parliamentary elections saw the party's vote share reduced to 9.2% as it won twenty seats.

When Kim Jong-pil staged a political comeback in October 1987, he founded the New Democratic Republican Party, with sixteen members defecting, eight to the New Democratic Republican Party and another eight joined the Democratic Justice Party.

The party lost all its seats in the 1988 elections, in which it received only 0.2% of the vote.

As it was by law that a party failing to win a seat and receiving less than 2% of the vote in parliamentary elections would be disbanded, the party was officially dissolved on 29 April 1988.