Abstract:       Social construction against the background of socialist market economy is a process of handling the consequences of social stratification that has been caused by the institutionalization of modern market exchange relationship. It is an important task at the new historical stage to identify the realistic situation of social management on the basis of the social structure change rather than value judgment. Cultural value is doublefunctional in that it provides direction and motivation for the both social construction and social management system, being itself a principle of adjusting social relationships as well as a guideline for building system and choosing action. Initiating the process of legislative and judicial improvement that connects grassroot practice and toplevel policy design in a framework of multigovernance is the only way whereby social management innovation moves from experimentation to maturity.  

Key words:  social construction, social management, historical perspective, market mechanism, cultural-value