The paper will analyze the notions of crisis & conflict, & their importance for social transformations by focusing on theoretical aspects. The author wants to contribute to an understanding of the notion of crisis & to possible openings that a theory of social transformations can provide in the current situation. This analysis should then permit a more rational handling of future crises with an open becoming. The author suggests that the financial crisis had a systemic & global character & that economic, political, and cultural thinking was not prepared to act in a global space where elites were only familiar with notions linked to the national space. In a second part, the author will give a short overview of recent outcomes of the crisis in different socio-economic systems in major world regions