The People's Party of Korea was a moderate left-wing political party created on November 12, 1945 by Lyuh Woon-Hyung. The People's Party did not claim to exclusively represent a particular class; instead, it tried to represent the entire Korean people. As the Soviet-US Committee failed in 1946, a faction within the People's Party called forty-eighters left the party and formed the Workers Party of South Korea (남조선로동당), in a coalition with Communist Party of South Korea (조선공산당) and New People's Party (신민당). The People's Party dissolved soon thereafter, and Lyuh later formed the Laboring People's Party (근로인민당).