The Movement for Socialism–Political Instrument for the Sovereignty of the Peoples (Spanish: Movimiento al Socialismo–Instrumento Político por la Soberanía de los Pueblos, abbreviated MAS-IPSP, or simply MAS, punning on más, Spanish for "more"), alternately referred to as the Movement Towards Socialism or the Movement to Socialism (Spanish: Movimiento al Socialismo listen (help·info)), is a Bolivian socialist political party led by Evo Morales, founded in 1998. Its followers are known as Masistas. MAS-IPSP has governed the country from 22 January 2006, following the first ever majority victory by a single party in the December 2005 elections, to 10 November 2019, and since the 2020 elections. MAS-IPSP evolved out of the movement to defend the interests of coca growers. Evo Morales has articulated the goals of his party and popular organizations as the need to achieve plurinational unity, and to develop a new hydrocarbon law which guarantees 50% of revenue to Bolivia, although political leaders of MAS-IPSP recently interviewed showed interest in complete nationalization of the fossil fuel industries, as well as the country's lithium deposits. MAS-IPSP is the dominant force in municipal politics in Bolivia. In the most recent municipal elections in 2015, it was the only party to contest leadership of all 339 municipalities. In all, the mayors of 227 municipalities belong to the party, as do 1,144 of the country's 2,022 municipal council members.