Brazilian Socialist Party Brazilian Socialist Party The Brazilian Socialist Party (, PSB) is a political party in Brazil. It was founded in 1947, before being abolished by the military regime in 1965 and re-organised in 1985 with the re-democratisation of Brazil. It elected six Governors in 2010, becoming the second largest party in number of state governments, behind only PSDB. In addition to that, it won 34 seats in the Chamber of Deputies and three seats in the Senate, besides having been a member of the "For Brazil to Keep on Changing" coalition, which elected Dilma Rousseff as President of Brazil. In 2014
2010 Brazilian presidential election with a limit of two consecutive terms. Lula was thus not eligible to stand again as he has already served two terms after winning the elections in 2002 and being re-elected in 2006. This was the first time since the inaugural presidential election after the military dictatorship that he did not run for president. The candidates of the two major political groups of the country were Lula's former Chief of Staff, Dilma Rousseff, of the ruling centre-left democratic socialist/social democratic Workers' Party (PT), and São Paulo State former governor, José Serra, from the centre-right opposition coalition formed mainly by the