The Youth International Party was founded on December 31, 1967 by Abbie Hoffman, Anita Hoffman, Jerry Rubin, Nancy Kurshan and Paul Krassner. Coming out of the beliefs of the hippie movement, the group named themselves yippies and created the backronym Youth International Party. The organization advocated for cooperative and alternative political and social institutions including food co-ops, free health care, permaculture farming, free schools and more. They had a plan for a "new nation" in America that was grounded in collectivism, community, and anarchy and were one of the early schools of the political New Left movement. The movement continued to exist through the later part of the 20th century with protests, smoke-ins, operating cooperative institutions, political farcicality and more.