On February 12, 1996, the Workers League announced its decision to found a new political party, the Socialist Equality Party, and to use its 1996 election campaign to explain the need for the SEP in the working class.

This report was delivered by National Secretary David North to a meeting of the Workers League membership on June 25, 1995. It further elaborates the political and theoretical foundations upon which the Workers League founded the SEP—the culmination of a 30-year struggle for the political independence of the working class and the fight for international socialism.