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Achieving social justice in the economic sphere is one of the priorities on the path to European integration, building a legal, democratic, and social state. An important role in this process is played by the substantive orientation of the state regulatory policy. With that, it should be emphasised that the concept of social justice in the economy, although not a new phenomenon, however, in its historical and legal development has acquired a new meaning, necessitating a reorientation of state regulatory policy to the modern meaning of this principle. Therefore, the scientific substantiation of ways to ensure the implementation of the principle of social justice in the economy in the process of state regulation of economic activity is an important area of research of modern legal science. Thus, the purpose of the study in this paper is to define the concept of social justice in the economy, indicators of its achievement, as well as to outline the prospects for the development of the concept of social justice in this area, including modern European doctrine. To achieve this purpose, the paper recourses to general theoretical, special and intersectoral methods of scientific knowledge, in particular, the epistemological method underlies the framework for formulating the definition of “social justice in the economy” and other concepts related to the subject, the analytical method allowed to identify indicators of achievement of social justice in the economy in the process of implementation of state regulatory policy, comparative legal method allowed to conduct a comparative analysis of ways and directions of achieving social justice in the European Community and Ukraine in state regulation of economic activity, methods of legal modelling and forecasting concepts of social justice in the economy. © Rushing Water Publishers Ltd. 2020.