What does the cryptic crossword clue "Model initiated by party of socialist economic radicals (5)" mean?

The definition is "Model". The wordplay uses acrostic. P (abbreviation="party") + O (first_letter="of") + S (first_letter="socialist") + E (first_letter="economic") + R (first_letter="radicals") = POSER; definition: "Model" The answer is POSER.

Model initiated by party of socialist economic radicals (5)

Guardian Cryptic #29034 | 24 Down | 2023-04-03 flower

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