The theoretical basis for the analysis of generations’ culture is substantiated based on the methodology of the social-cultural approach. The generational culture is presented as a unity, which study, on the one hand, reveals culture as a form of formation and existence of norms and rules applied by social organization of people’s life; on the other, discloses institutional and non-institutional aspects of the generational reality. The assumption is made that institutionalization, which means fixation of newly changed socio-cultural dimensions, is a process promoting the formation of aggregated generative actors, and a generational institution means the transformation of individuals’ modern practices into habits, the organizational principles of interactions, behavioural limitations and the forms of intergenerational relations. The model of the culture of a generational unity is theoretically substantiated. The possible cultural life parameters, specific for a generation, are determined and correlated with the public, social-psychological, social-cultural foundations. The basic layer is a group of socio-cultural characteristics of a generational unity; here, subgroups of the features that are flexible to time requirements, but stable as for their manifestations in the past and modern generations are determined as well as their cultural-historical, social and cultural-figurative (ethnic) parameters. The opposite, public, parameters of generational unity features are revealed also. They determine the emotional background, the peculiarities of social space perception, typical language manifestations and external social and individual attributes of generations. The idea is argued that the analysis and determination of the formation, manifestations and realization of social-psychological characteristics of the generational unity allow us to define three groups of generational parameters, namely: (1) social-cultural parameters as the basic fundamental culture; (2) social-psychological parameters, manifested in the attitudes, representations, goals of social interactions and (3) public parameters, implementing a generation in social-cultural inter-generational interactions. The main problematic channels of generational existence in society are outlined, these channels are understood as social-historical changes of meanings characteristic for a generation that take place under influences of external social-cultural and internal generational integrative factors. The first channel, revealing social-cultural problems of generation formation, is continuous changes in existential conditions that lead the actors to reorganize forms of their inter-generational interactions. The second public channel, through which a generation passes, is formation of cultural artefacts of the generational time and space. These cultural artefacts are interpretive embodiments in actual conditions of all-time cultural forms, and that are prerequisites for the construction of socio-cultural dimensions of the era. The third channel of possible generational social-cultural problems means stable and newly formed ideas about effective forms of intercultural interactions, which objective formation is conditioned by the natural processes of tradition preservation and updating according to the requirements of time. During the further research, the above views for research on the culture of a generational unity within the social-cultural approach will be verified as for their content as well as beyond the limits of the psychology of social-cultural interactions.  
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