[1] It won two seats in the June 1953 elections, taken by Gils Guðmundsson and Bergur Sigurbjörnsson.
Sigurbjörnsson did not succeed in winning back his seat, but served twice in the Althing during the 1963-1967 term, replacing other MPs.
In 1969, some party members left the People's Alliance to establish the Union of Liberals and Leftists.
[1] It opposed Icelandic membership of NATO and the presence of American military bases in the country.
[1] Domestically, it had a liberal, social-democratic platform,[1] supporting a mixed economy with both private and public participation.