Independent Socialist Party (Argentina)

Independent Socialist Party
Partido Socialista Independiente
AbbreviationPSI
LeaderAntonio de Tomaso and Federico Pinedo
Founded1927
Dissolved1943
Split fromSocialist Party
Succeeded byIndependent Party
National Democratic Party
IdeologySocialism (de jure)
Conservatism
Economic liberalism
Political positionCentre-right
National affiliationConcordancia
Colors  Red

The Independent Socialist Party was a political party in Argentina that was founded in 1927 as a split from the Socialist Party. It united socialists, who opposed openly the radical president Hipólito Yrigoyen and participated in his overthrow in 1930 in a military coup. The new party joined Concordancia in 1931 along with conservatives and "antipersonalist" radicals. The alliance maintained power until the 1943 with the help of voter fraud. The Independent Socialist Party held several important positions, in particular the minister of economy Federico Pinedo Jr. and the minister of agriculture Antonio De Tomaso. The party disappeared in the second half of the 1930s. The PSI has been criticized for being in effect a right-wing conservative party that drifted away from socialism[1]

  1. ^ El contubernio Joaquin Coca COLECCIÓN: Historia y Pensamiento Latinoamericanomericano PÁGINAS: 164 ISBN 9789871567133