The Socialist Equality Party has this month issued a statement regarding its founding Congress held in August, 13 years after the party’s rebranding from The Workers League. As described in the statement:
The founding congress was the outcome of theoretical, political and organizational work within the United States and internationally that spanned more than a decade. The predecessor of the SEP, the Workers League, initiated the process of transforming itself into a party in June 1995. It shared the view of the International Committee of the Fourth International (ICFI) that the collapse of the Soviet Union in 1991 and the irrevocable discrediting of Stalinism, together with the political bankruptcy of the social-democratic and reformist parties and trade union organizations, would lead to a fundamental change in the relationship between the Trotskyist movement and militant sections of the working class and youth, radicalized by the deepening crisis of American and world capitalism.
The launching of the World Socialist Web Site in February 1998, which rapidly developed into the most widely read Internet-based socialist publication in the world, led to the expansion of the political influence of the ICFI and a significant influx of new members into the Socialist Equality Party. Moreover, the intensification of the political and economic crisis of world capitalism during the past decade substantiated the perspective upon which the formation of the SEP had been based.
Additionally, the party has begun to publish in installments the documents from the Congress, The Historical and International Foundations of the Socialist Equality Party and the SEP’s Statement of Principles (Part 1, Part 2).