The party was founded in 1967 in Lahore, when a number of prominent left-wing politicians in the country joined hands against the rule of Ayub Khan, under the leadership of Zulfikar Ali Bhutto.
After the re-establishment of democracy in 1988 following Zia's death, a two-party system developed, consisting of the People's Party and the Islamic Democratic Alliance, later succeeded by the Nawaz League.
The party conceded defeat during the 2013 general election, losing swathes of support in the Punjab Province where most of its base was lost to the emerging PTI, although it retained its provincial government in Sindh.
In the 1960s, Ayub Khan's policies were seen by many to have nourished the capitalist class at the expense of ordinary people, evidenced by the drastic increase in income inequality and poverty.
[34] Bhutto's passionate stance against Ayub's regime was hailed by leftist groups, leading him to attempt to find a suitable position for himself in the National Awami Party (NAP).
[35] On 30 November 1967, a convention was held in Lahore, where democratic socialists and left-wing intellectuals gathered to meet with Bhutto at the residence of Dr. Mubashir Hassan, and the Pakistan People's Party was formed.
[37][failed verification] Its manifesto, titled 'Islam is our Religion; Democracy is our Politics; Socialism is our Economy; Power Lies with the People' was written by Bengali communist J.
The left-wing oriented slogan 'Land to the Landless' proved to be popular amongst the peasants and labour-force, as the party promised not only to abolish the feudal system, but also to redistribute land.
[42] The young university students and teachers who often bore the brunt of Ayub Khan's dictatorial regime during his decade-long rule were promised a better future with better educational and career opportunities.
Many other members of society who had felt stifled and repressed by the press-control and heavy censorship practised by the authoritarian Khan regime also joined the new party, whose manifesto also attracted the country's numerous minorities.
[44] The purpose of the LFO was to secure the future constitution which would be written after the election in order for it to include safeguards such as preserving Pakistan's territorial integrity and Islamic ideology.
[49] During the 1970 General Election, the People's Party dominated West Pakistani seats, defeating far-right and other right-of-centre forces in West-Pakistan,[50] However, the story in East Pakistan was altogether different, where the Awami League had dominated and the People's Party had failed to win a single seat (likewise, the Awami League had also failed to make a breakthrough in West Pakistan).
Although he came from a feudal background himself, Bhutto announced reforms limiting land ownership and a government take-over of more than a million acres to distribute to landless peasants.
Domestically, serious issues began to emerge within the party's ranks, when Bhutto decided to utilise the state to keep an eye on the activities of the Pakistan National Alliance.
[66] After he purged left-wing activists – such as Malik Meraj Khalid, a Marxist law minister – from his own party's ranks,[66] Dr. Mubashir Hassan also resigned.
Tensions mounted and despite an agreement reached between the opposition and PPP, martial law was imposed in the country by Chief of Army Staff Muhammad Zia-ul-Haq.
After eleven years, the People's Party returned to power by winning the 1988 General Election, with Benazir Bhutto becoming the first female head of government in the Muslim world.
In a press conference held in Muree, Punjab on 9 March 2008,conservatives under Nawaz Sharif and socialists led by Asif Ali Zardari officially signed an agreement to form a coalition government.
On 5 September 2008, the Peoples Party nominated its co-chairman and chairman of central executive committee, Asif Ali Zardari, for the upcoming presidential election.
[80] By January 1984, Benazir was being referred to as the party's chairman and subsequently secured the legal appointment by the senior leadership of Central Executive Committee at the convention held in 1984.
The Peoples Party rejected far-left politics and ultra-leftism, supporting unregulated business and finance, and laissez-faire capitalism, after which it was no longer widely viewed as a socialist or social-democratic party, as its economic policies swung dramatically to the right-wing, embracing economic neoliberalism and unfettered capitalism and privatisation of publicly owned institutions, favouring partial income taxes.
[88] She also adopted Nawaz Sharif's conservative privatisation policies in order to secure funding from the United States and the World Bank, but received a harsh opposition from within the party.
[84] Throughout the 1980s, the party's credibility was damaged by the United States who "keenly sabotaged" any of its efforts[citation needed] and organizational establishment in the dense areas of country.
[91] The Pakistan Peoples Party through Zulfikar Ali Bhutto proudly receives all credit for launching the atomic bomb project in 1972,[92][93] public ceremonies are held on Youm-e-Takbir (lit.
[94] Since its establishment, the People's Party has produced prolific scientists-turned technocrats, including Farhatullah Babar, Mubashir Hassan, and the senior academic scientists who played a role in building the atomic bomb.
The People's Party member's notably provided their public support to Abdul Qadeer Khan who had been forced to attend the military debriefings by General Pervez Musharraf in 2004.
[96] In 1990, they made Pakistan the first Muslim country to launch a satellite, Badr-I, they are also responsible for establishing, nurturing, and funding the missile's programs, such as Ghauri and Shaheen in the 1990s.
[74] Disagreeing with Benazir and Asif Ali Zardari's political philosophy brewing the party, Murtaza Bhutto split and formed the more powerful yet more leaning towards left wing faction, Bhuttoist in 1995.
"[105] In 2012, the PPP's powerful leader, Zulfiqar Mirza, quit from the party despite urgings amidst disagreement with Asif Zardari's leadership and policies with regards to dealings with the liberal MQM in Sindh.
[107] In January 2017, Former federal minister Syed Faisal Saleh Hayat joined the Pakistan Peoples Party on Monday, more than 14 years after being elected on the PPP ticket in 2002, bringing an end to the PPPPP.