The Left Party (Swedish: Vänsterpartiet [ˈvɛ̂nːstɛrpaˌʈiːɛt]; V) is a socialist political party in Sweden. On economic issues, the party opposes privatizations and advocates increased public expenditure. In foreign policy, the party is Eurosceptic, being opposed to the European Union, NATO, and Swedish entry into the eurozone. It attempted to get Sweden to join the Non-Aligned Movement in 1980 but did not succeed. The party is eco-socialist, and also supports anti-racism, feminism, and republicanism. It is placed on the left-wing of the political spectrum.