The party was established as the Hungarian Socialist Workers' Party on 17 December 1989 as a successor party of the Hungarian Socialist Workers' Party (MSZMP) by a small group of old MSZMP members who opposed its transformation into the Hungarian Socialist Party (MSZP).
On the question of the 2016 migrant quota referendum, the party called for a "no" vote, expressing opposition to what it perceives as "EU aggression" against Hungary.