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1920년 6월경 사회혁명당이라는 비밀독서회가 조직되었고, 이듬해 5월 상해파 고려공산당 국내지부로 전환하였다. 국내지부에는 적어도 두 가지 사상적 흐름이 공존했다. 하나는 장덕수 등으로 대표되는 신자유주의적 경향이었다. 이 경향은 분배구조를 개선하여 ‘합리적’으로 통제된 자본주의 경제체제를 지향하며 민주주의적인 자유정치의 근대국민국가를 전망하였다. 다른 하나는 김명식과 유진희 등의 마르크스주의적 경향이었다. 이들은 러시아의 공산주의국가 건설을 모범으로 한국의 식민지적 상황을 극복하고 근대국민국가를 건설하려 했다.이처럼 국내지부는 내부적으로 마르크스주의로 사상적 통일을 이루지 못하고 있었다. 이에 대해 국내 ‘신흥’공산주의자들은 ‘김윤식사회장’과 ‘사기공산당 사건’을 통해 국내지부의 非마르크스주의적 요소를 공산주의운동 선상에서 배제시키려 했다.


A secret reading club called the Social Revolutionary Party was organized in June 1920 by some activists who had been promoting national liberation campaign after Korean March 1st Independence Movement. Koreans who were eager to escape from colonial state and to establish a modern national state could study new trends of thought, especially communism, through the reading club. The Social Revolutionary Party was converted into the Korean bureau of the Shanghai Korean Communist Party in 1921 May. There coexisted at least two trends of thought inside the Korean bureau. One main trend was a new-liberalistic drift represented by Chang Duck-soo, The new-liberalistic group pursued ‘rationally’ controlled capitalistic economy by improving a distributional system. They sought to establish a democratic independent modern state. To accomplish the vision, they made full use of a mass media, Dong-A Ilbo, and promoted a campaign to engross people's attention and to eventually drive out Japanese imperialistic governance. The other main trend inside the Korean bureau was represented by Kim Myeong-sik and Yu Jin-hui. This group was leaning towards Marxian thoughts. They discarded new-liberalism and followed Marxism by Lenin and Kautsky. This Marxian group also set a goal to de-colonialize Korea from Japanese governance and found a modern state on the model of Russian communist nation. The different ideals of two groups prevented the Korean bureau of the Shanghai Korean Communist Party from functioning as a unified party. As the result, the “new” communists inside Korea tried to exclude the all constituent but Marxism from the communist movement by the occasion of Public Funeral of Kim Yun-sik and of Pretented Communist Party. It finally disunited Korean bureau, and led some members to secede from communism movement.