The American Socialist Party is a political organization founded in 1901 that advocates for socialist principles in the United States. It emerged from earlier socialist movements and aimed to promote social justice, workers' rights, and the redistribution of wealth. The party has historically supported policies such as universal healthcare, education reform, and labor rights. Throughout its history, the American Socialist Party has faced challenges, including internal divisions and competition from other political movements. Notable figures associated with the party include Eugene V. Debs, a prominent socialist leader and five-time presidential candidate. The party continues to influence discussions on social and economic issues in contemporary politics.