This paper analyses the current position of physical culture in the society. It points out the social changes that have substantially suppressed the term physical education and replaced it with the phrase, physical education and sport. In the light of need to reinstate this term into the professional discourse, there was a reminder of the importance and the social scientific contribution to creation of the Theory of physical culture by Milivoje Matić. The critical analysis of the current state of physical education was also conducted. In order to improve physical education classes, a new paradigm of physical education, that will be based on installation of the functional system of physical education and curriculum reform, has to be created. New physical education paradigm signalizes the return to the physical culture - following in professor Matić’s footsteps.