The Brazilian Socialist Party (, PSB) is a political party in Brazil. It was founded in 1947, before being abolished by the military regime in 1965 and re-organised in 1989 after the re-democratisation of Brazil. It elected six Governors in 2010, becoming the second largest party in number of state governments, behind only PSDB. In addition to that, it won 34 seats in the Chamber of Deputies and three seats in the Senate, besides having been a member of the For Brazil to Keep on Changing coalition, which elected Dilma Rousseff as President of Brazil. In 2014, the party went into opposition, advocating greater economic stability, low inflation, high economic growth, sustainable development, and social welfare programs. History First PSB (1947–1965) The name Brazilian Socialist Party or variants had been used by several small socialist parties of brief existence prior to the foundation of PSB on 1947. PSB has its origins at the end of Getúlio Vargas' Estado Novo regime, when the Democratic Left (Esquerda Democrática – ED) emerged as a faction of the National Democratic Union (União Democrática Nacional – UDN) in 1945. Its goals were to combine the social changes of the period with broad civil and political liberties. ED's ideology was based on a broad left-wing concept: it advocated that socialism had to be built gradually and legally, through the defence of democracy and a national identity. In this sense, it differed greatly from other opposition parties, such as UDN, which advocated free market policies, and the Communist Party (PCB), which advocated the authoritarian socialism of the Soviet Union. As UDN became increasingly a right-leaning party, binding itself with the Brazilian Army and the aspirations of urban middle classes, ED's Socialist proposals were extremely at odds with the party, which led to a split and the subsequent foundation of PSB. On 6 August 1947, the Brazilian Socialist Party was founded, maintaining the same program and proposals it had as a faction of the UDN. In its 1947 manifesto, the PSB sought to represent an alternative to the main left-wing parties of that period: Vargas' Brazilian Labour Party (PTB) and the Brazilian Communist Party (PCB). PSB opposed the centralism and authoritarianism of Vargas, as well as the rigid labour union structure supported by PTB. They opposed PCB's cult of personality and radical Marxism, which placed the PSB in the centre-left to left-wing spectrum, between radical Marxism and social