PODEMOS, PPT and PCV initially stated they would wait until PSUV had been founded and decide their membership in the new party based on its program.

[31][non-primary source needed] As of 2014, the party has been described as "fracturing" and "weakening" due to the loss of Hugo Chávez, the poor state of Venezuela's economy and falling oil prices.

The party values in the same way the principles of scientific socialism, Christianity, liberation theology, all critical and humanist universal thought, gender equity and equality, and the ethical obligation to build a [political] model respectful of life and mother Earth that guarantees human survival.

As a multiethnic and diverse party, it nurtures its roots of Afro-Indianism bequeathed by Guaicaipuro and José Leonardo Chirino, all inspired by the fundamental leadership and revolutionary ideas of Commander Hugo Chávez, aimed at creating the new man and woman in a melting pot of hopes and dreams that make our socialism a mestizo socialism, loaded with Africanity, the elements of the indigenous peoples, and with the international vision that has had Francisco de Miranda as its greatest proponent.

We assume the principle of civic-military unity to guarantee the defense of national and popular sovereignty.The PSUV defends the Bolivarian Revolution as a process of peaceful transition to socialism and, therefore, of overcoming capitalism.

The party considers the establishment of socialism to be necessarily linked to an anti-imperialist struggle, that, currently, must consist of the formation of a block of socialist countries in Latin America.

By the 2008 regional election campaign in October, Chávez declared that Patria Para Todos and the Communist Party of Venezuela "must be swept from the Venezuelan political map because they are disloyal, liars, and manipulators".

The Units of Battle Hugo Chávez (UBCh) is a collection of organizations with multiple members of PSUV involved that has both military and political characteristics.