[8] It is "unconditionally opposed" to Iceland's accession to both the European Union[9] and NATO, believing them to be "imperialist" organisations.

Long before it hit us, I knew as a socialist that capitalism was unsustainable and that it has a crisis built into it.

This is my responsibility and it follows that I will not be co-dependent with capitalism, but will do my utmost to replace it with a society of equality and social justice.

Party founder Þorvaldur Þorvaldsson organised poetry readings and other informal meetings which were attended by workers, radicalised in the aftermath of the 2008 Icelandic financial crisis.

They successfully applied for the list letter R to contest the 2013 Icelandic parliamentary election, marking their first foray into electoral politics, and subsequently submitted an official candidate list on 12 April 2013.