Overview
- The Socialist Party has released a full platform branded as a “new socialism” built around the goal of “living free,” following its presentation to party leaders and the press.
- The document lays out hundreds of measures that include a net minimum wage of €1,690, a 1-to-20 cap on pay gaps inside firms, higher taxes on large inheritances, new state stakes and some nationalizations, and broad ecological planning.
- The program offers little detail on how to finance these pledges, and prior party texts also named no cuts to public spending.
- The text frames today’s social and climate harms as products of capitalism, calls for European sovereignty free of market “dogmas,” and says the era of traditional social democracy has passed.
- Right-leaning outlets fault the plan’s feasibility, with Contrepoints likening it to a turbocharged 1981 agenda and the JDD flagging ideas such as a 2% wealth tax above €100 million, a return to retirement at 62, and a merger of income tax with payroll levies, and noting party members are set to amend the text over the next six weeks.