The party was launched in 2012[5] as a progressive, anti-capitalist and egalitarian movement. Its positions are detailed in the "Demokratische Moderne (English: Democratic Modernity)" manifesto, which emphasizes on abolishing global capitalism and establishing a democratic economy, fair to all people.[6] Despite being anti-capitalist, the party's leader has stated that the party does not support socialism either, but rather seeks to take some elements from both socialism and capitalism in order to create a new alternative system, tentatively called "neo-socialism",[7] which shares characteristics with the socioeconomic concept of economic democracy.
Replacing the Federal Council with a Citizens' Council, where half of the seats will be reserved for women, and all members will be elected by lot for a one year term. The Citizens' Council would have the power to reject laws passed by the National Council and call new elections by a corresponding majority, and would have to vote whether to approve constitutional amendments.
An eventual shift to a 21 hour work week
A 1:5 wage ratio (where the lowest income an individual can make is €2000/month and the maximum is €10000/month after taxes)
Making all media sources adhere to a non-profit model, obtaining finances only through consumers and state media funding
Placing less focus on GDP as a measurement, instead focusing more on elements of public well-being such as health, scientific achievements, education levels, economic output, wage rates, democratic participation, social cohesion, ecological stability, and safety
A ban on speculation in currencies, commodities and food; a minimum holding period for shares of stock; the addition of a financial transaction tax
Creation of a Future and Prosperity Fund, funded by business income taxes and the financial transaction tax. All citizens would receive a permanent share in the fund, and would receive a guaranteed annual profit. The Board of the fund will be directly elected.
Elections and Electoral History
2013 Austrian legislative election
Participating only in Vienna and Upper Austria, the party obtained 0.07% of the vote.
2014 European Parliament election
As part of the Europa anders coalition with the KPÖ, Pirate Party, and independents, they received a combined 2.14% of the vote, which was not enough to receive a seat.
In 2024 Der Wandel failed to reach an agreement with other left-wing parties to create a joint list: they had differences with the communist KPÖ over attitudes to the War in Ukraine, and the SPÖ did not agree to talks. They decided to run under the list name 'None of them' (Keine von denen, or KEINE), arguing that the FPÖ should not be the sole repository for dissatisfied voters.[10] They received 0.6% of the vote, barely increasing their vote share compared to 2019.[11]
