Vector socially-oriented economy

The article deals with a socially oriented economy as the main vector of modernization of a modern market economy. The indicator of social orientation of the economy - it is the socio-economic well-being of members of society. Achieving an adequate level of objective and subjective social and economic well-being within the framework of the Russian economy needs to overcome the structural crisis in the economy. This is possible not through the industrialization of the Russian economy.