Palace of the Grand Dukes of Lithuania Palace of the Grand Dukes of Lithuania The Palace of the Grand Dukes of Lithuania (; ) is a palace in Vilnius, Lithuania. It was originally constructed in the 15th century for the rulers of the Grand Duchy of Lithuania and the future Kings of Poland. The palace, located in the lower castle of Vilnius, evolved over the years and prospered during the 16th and mid-17th centuries. For four centuries the palace was the political, administrative and cultural centre of the Polish–Lithuanian Commonwealth. It was demolished in 1801. Work on a new palace started in 2002 on the site of
Socialist Party of Lithuania regulated, socially oriented market economy - with the production forces and relations of production the managements goal. Markets in the system - as far as possible, and state regulation - as needed. It considers the principles of state regulation as the best economic development incentive. The LSP ideology was based on the methodology of dialectical materialism, the theory of Marxism and contemporary social science. It believed that Socialists should unambiguously disassociate from Stalinist and totalitarian theories and practice. LSP propagated what it believed to be the new 21st century socialism. Socialist Party of Lithuania Socialist Party of Lithuania () was