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In the first part of this paper, it is established that sociology did not react adequately to the global economic crisis. In the second part, views of critically oriented economists on the causes of the crisis are presented. They are used as an introduction to the analysis presented in the third part, which specifies economic, political, technological and cultural conditions that were suitable for transnational capitalist class efforts to adapt the global economic system exclusively to their own interests. Current economic crisis is nothing but an expression of social imbalance that must be overcome if further escalation of the crisis is to be avoided. [ABSTRACT FROM AUTHOR]