|Founded||13 November 1994|
|Dissolved||10 May 1998|
|Preceded by||Italian Socialist Party|
|Succeeded by||Italian Democratic Socialists|
|National affiliation||The Olive Tree (1996–98)|
|International affiliation||Socialist International|
|European Parliament group||no MEPs|
The party was founded on 13 November 1994, immediately after the dissolution of the Italian Socialist Party, which had been plagued by corruption scandals exposed by the Mani pulite investigations. The party was led for its short life by Enrico Boselli.
For the general elections of 1996, the Italian Socialists joined the list of Italian Renewal, a newly formed liberal-centrist party led by Lamberto Dini, within The Olive Tree coalition, acquiring in total 7 deputies (Giuseppe Albertini, Enrico Boselli, Vincenzo Ceremigna, Giovanni Crema, Sergio Fumagalli, Paolo Manca and Roberto Villetti) and 5 senators (Livio Besso Cordero, Ottaviano Del Turco, Giovanni Iuliano, Maria Rosaria Manieri and Cesare Marini).
On 10 May 1998, the party merged with the Italian Democratic Socialist Party, a portion of Labour Federation, a portion of the Socialist Party and the Socialist League to form the Italian Democratic Socialists (SDI).
- Secretary: Enrico Boselli (1994–1998)
- Deputy-Secretary: Roberto Villetti (1994–1998)
- President: Gino Giugni (1994–1996), Ottaviano Del Turco (1996–1998)
- Harry Harmer (1999). The Longman Companion to the Labour Party, 1900-1998. Routledge. p. 192. ISBN 978-1-317-88349-4.
- Luciano Bardi; Piero Ignazi (1998). "The Italian Party System: The Effective Magnitude of an Earthquake". In Piero Ignazi; Colette Ysmal. The Organization of Political Parties in Southern Europe. Greenwood Publishing Group. p. 102. ISBN 978-0-275-95612-7.
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