Maria N Ivanova
Biographic Data
| ID | 317575 |
|---|---|
| NAME | Maria N Ivanova |
| GIVEN NAMES | Maria N |
| FAMILY NAME | Ivanova |
| SIGNATURE | IVANOVA M N |
| AFFILIATIONS | New York University |
| ORCID | 0000-0001-5687-432X |
| VERIFIED | Yes |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 24 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2007 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 2 |
Marx’s Theory of Money
This paper analyzes key aspects of Marx’s theory of money in order to reassert its continued relevance for understanding monetary developments in contemporary capitalism. Unlike theorists who become preoccupied with particular functions and forms of money, Marx develops a comprehensive concept of money integrating its various functions and emphasizing the socio-economic basis of its existence. Money performs different functions including a measur…
Quantitative Easing
The unconventional monetary policy of the Federal Reserve (Fed) during the global financial crisis of 2007–2009 and its aftermath is often credited with averting another Great Depression. The Fed’s interventions unfolded over two periods, which can be distinguished with regards to the particular tools employed and goals pursued. Lowering risk and liquidity premiums by propping up the prices of private assets was deemed essential for restoring the…
On the peculiarity of class reproduction in the society of exchange and the popular subject of rising inequality in the United States
Capitalism as a mode of production and a form of social organization differs from all hitherto existing society in that it does not rely on the preservation of traditional hierarchies or on direct coercion to secure its reproduction. Capitalist society coheres on the basis of exchange which establishes a network of interdependent relations between individuals. Drawing on the work of Alfred Sohn-Rethel, this article engages with the apparent parad…
The Great Recession and the State of American Capitalism
The panic that started in the U. S. mortgage and securities markets in the summer of 2007 and the near depression that followed triggered widespread expectations for a "return of the state" which ultimately failed to materialize. Instead of rediscovering regulated capitalism that would re-embed finance for the purpose of the common good, public policies took a decisive turn to austerity. Those who put their faith in the ability of the state to sa…
The Dollar as World Money
Marx's theory of money can provide insights into the entrenchment of the U. S. dollar as a modern-day equivalent of world money. The domestic underpinnings of global monetary standards determined the inflationary bias of the Bretton Woods system and the systemic deflationary tendencies of the subsequent non-system. There is a strong connection between the tendency toward systemic illiquidity, characteristic of financialized capitalism, which has …
Housing and hegemony
This paper examines the historical evolution of housing in the context of US capitalism, highlighting the significance of homeownership as an ideology and social practice for the reproduction of hegemony in the USA. The paper challenges widely held views that identify public policy errors and government regulatory failures as primary causes of the recent housing boom and bust. Its purpose is to show how the subprime solution that triggered the ho…
Consumerism and the Crisis
Starting with an inquiry into the socio-material foundations of American-style consumer capitalism as it emerged under Fordism and evolved under neoliberalism, this article seeks to outline the origins of the present economic crisis and the possible implications for the future of consumerism. The article argues that the ongoing crisis in the USA is not a regular cyclical downturn but signifies the end of finance-driven consumer capitalism as an a…
Hegemony and Seigniorage
This article argues that the U. S. current account deficit emerged in the course of the structural transformation of the U. S. economy as the Fordist production regime underwent a profitability crisis, eroded, and was supplanted by the emerging dominance of the financial sector. This domestic transformation has been aided and abetted by the position of the U. S. dollar as key international currency which confers upon its owner the right of seigni…
Growing through Debt and Inflation
Bulgaria, a new EU-member and an IMF star student is in dire straits. In the wake of the political and economic crisis of 1996–97, the country introduced a currency board arrangement (CBA), which provided the monetary framework for the foreign-investment-led growth that followed. This arrangement, which has been hailed as successful ever since, merits a reassessment in light of a disaster waiting to happen. In addition to double-digit inflation r…
Why There Was No ‘Marshall Plan’ for Eastern Europe and Why This Still Matters
Starting with an overview of the design and impact of the original Marshall Plan, this article explores the question of why the EC/EU failed to set in motion a similar project for Eastern Europe—purposefully targeted massive foreign aid conditioned upon cooperation among the recipient countries that could have encouraged productive investment and regional integration. Three elements of the Marshall Plan played a crucial role in the making of post…
Consumerism and the Crisis
Starting with an inquiry into the socio-material foundations of American-style consumer capitalism as it emerged under Fordism and evolved under neoliberalism, this article seeks to outline the origins of the present economic crisis and the possible implications for the future of consumerism. The article argues that the ongoing crisis in the USA is not a regular cyclical downturn but signifies the end of finance-driven consumer capitalism as an a…
The Dollar as World Money
Marx's theory of money can provide insights into the entrenchment of the U. S. dollar as a modern-day equivalent of world money. The domestic underpinnings of global monetary standards determined the inflationary bias of the Bretton Woods system and the systemic deflationary tendencies of the subsequent non-system. There is a strong connection between the tendency toward systemic illiquidity, characteristic of financialized capitalism, which has …
Quantitative Easing
The unconventional monetary policy of the Federal Reserve (Fed) during the global financial crisis of 2007–2009 and its aftermath is often credited with averting another Great Depression. The Fed’s interventions unfolded over two periods, which can be distinguished with regards to the particular tools employed and goals pursued. Lowering risk and liquidity premiums by propping up the prices of private assets was deemed essential for restoring the…
Hegemony and Seigniorage
This article argues that the U. S. current account deficit emerged in the course of the structural transformation of the U. S. economy as the Fordist production regime underwent a profitability crisis, eroded, and was supplanted by the emerging dominance of the financial sector. This domestic transformation has been aided and abetted by the position of the U. S. dollar as key international currency which confers upon its owner the right of seigni…
On the peculiarity of class reproduction in the society of exchange and the popular subject of rising inequality in the United States
Capitalism as a mode of production and a form of social organization differs from all hitherto existing society in that it does not rely on the preservation of traditional hierarchies or on direct coercion to secure its reproduction. Capitalist society coheres on the basis of exchange which establishes a network of interdependent relations between individuals. Drawing on the work of Alfred Sohn-Rethel, this article engages with the apparent parad…
Housing and hegemony
This paper examines the historical evolution of housing in the context of US capitalism, highlighting the significance of homeownership as an ideology and social practice for the reproduction of hegemony in the USA. The paper challenges widely held views that identify public policy errors and government regulatory failures as primary causes of the recent housing boom and bust. Its purpose is to show how the subprime solution that triggered the ho…
Why There Was No ‘Marshall Plan’ for Eastern Europe and Why This Still Matters
Starting with an overview of the design and impact of the original Marshall Plan, this article explores the question of why the EC/EU failed to set in motion a similar project for Eastern Europe—purposefully targeted massive foreign aid conditioned upon cooperation among the recipient countries that could have encouraged productive investment and regional integration. Three elements of the Marshall Plan played a crucial role in the making of post…
Why There Was No ‘Marshall Plan’ for Eastern Europe and Why This Still Matters
Starting with an overview of the design and impact of the original Marshall Plan, this article explores the question of why the EC/EU failed to set in motion a similar project for Eastern Europe—purposefully targeted massive foreign aid conditioned upon cooperation among the recipient countries that could have encouraged productive investment and regional integration. Three elements of the Marshall Plan played a crucial role in the making of post…
Growing through Debt and Inflation
Bulgaria, a new EU-member and an IMF star student is in dire straits. In the wake of the political and economic crisis of 1996–97, the country introduced a currency board arrangement (CBA), which provided the monetary framework for the foreign-investment-led growth that followed. This arrangement, which has been hailed as successful ever since, merits a reassessment in light of a disaster waiting to happen. In addition to double-digit inflation r…
Hegemony and Seigniorage
This article argues that the U. S. current account deficit emerged in the course of the structural transformation of the U. S. economy as the Fordist production regime underwent a profitability crisis, eroded, and was supplanted by the emerging dominance of the financial sector. This domestic transformation has been aided and abetted by the position of the U. S. dollar as key international currency which confers upon its owner the right of seigni…
Housing and hegemony
This paper examines the historical evolution of housing in the context of US capitalism, highlighting the significance of homeownership as an ideology and social practice for the reproduction of hegemony in the USA. The paper challenges widely held views that identify public policy errors and government regulatory failures as primary causes of the recent housing boom and bust. Its purpose is to show how the subprime solution that triggered the ho…
Consumerism and the Crisis
Starting with an inquiry into the socio-material foundations of American-style consumer capitalism as it emerged under Fordism and evolved under neoliberalism, this article seeks to outline the origins of the present economic crisis and the possible implications for the future of consumerism. The article argues that the ongoing crisis in the USA is not a regular cyclical downturn but signifies the end of finance-driven consumer capitalism as an a…
The Dollar as World Money
Marx's theory of money can provide insights into the entrenchment of the U. S. dollar as a modern-day equivalent of world money. The domestic underpinnings of global monetary standards determined the inflationary bias of the Bretton Woods system and the systemic deflationary tendencies of the subsequent non-system. There is a strong connection between the tendency toward systemic illiquidity, characteristic of financialized capitalism, which has …
The Great Recession and the State of American Capitalism
The panic that started in the U. S. mortgage and securities markets in the summer of 2007 and the near depression that followed triggered widespread expectations for a "return of the state" which ultimately failed to materialize. Instead of rediscovering regulated capitalism that would re-embed finance for the purpose of the common good, public policies took a decisive turn to austerity. Those who put their faith in the ability of the state to sa…
Quantitative Easing
The unconventional monetary policy of the Federal Reserve (Fed) during the global financial crisis of 2007–2009 and its aftermath is often credited with averting another Great Depression. The Fed’s interventions unfolded over two periods, which can be distinguished with regards to the particular tools employed and goals pursued. Lowering risk and liquidity premiums by propping up the prices of private assets was deemed essential for restoring the…
On the peculiarity of class reproduction in the society of exchange and the popular subject of rising inequality in the United States
Capitalism as a mode of production and a form of social organization differs from all hitherto existing society in that it does not rely on the preservation of traditional hierarchies or on direct coercion to secure its reproduction. Capitalist society coheres on the basis of exchange which establishes a network of interdependent relations between individuals. Drawing on the work of Alfred Sohn-Rethel, this article engages with the apparent parad…
Marx’s Theory of Money
This paper analyzes key aspects of Marx’s theory of money in order to reassert its continued relevance for understanding monetary developments in contemporary capitalism. Unlike theorists who become preoccupied with particular functions and forms of money, Marx develops a comprehensive concept of money integrating its various functions and emphasizing the socio-economic basis of its existence. Money performs different functions including a measur…
Economics (10 works) · Capitalism (7 works) · Law (7 works) · Political science (7 works) · Economic Theory and Policy (6 works) · Housing, Finance, and Neoliberalism (5 works) · Market economy (5 works) · Monetary economics (5 works) · Politics (5 works) · Finance (4 works)