What are the basic tenets of the socialist party?

Answer 1

You can start with 'Distribution of Wealth.'

Or you can look at Karl Marx' Communist Manifesto's 10 Planks asserted as being required to acheive communism. The transitional time between Capitalism and Communism is also called Socialism, and here it is:

1. Abolition of property in land and application of all rents of land to public purposes.
2. A heavy progressive or graduated income tax.
3. Abolition of all right of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.
6. Centralization of the means of communication and transport in the hands of the State.
7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
8. Equal liability of all to labour. Establishment of industrial armies, especially for agriculture.
9. Combination of agriculture with manufacturing industries; gradual abolition of the distinction between town and country, by a more equable distribution of the population over the country.
10. Free education for all children in public schools. Abolition of children's factory labour in its present form. Combination of education with industrial production.

According to the Communist Manifesto, all these were prior conditions for a transition from capitalism to communism. Socialism being what it is called during this transition.