Russia and Cuba today are once again strategic economic partners in a worldwide struggle between imperialism and anti-imperialist construction, in which a possible socialist world-system lays beyond the horizon. But there are important differences between Cold War Two and its post-Second World War predecessor.
First, Cold War One was conducted at a time in which the United States of America was at the height of its imperialist hegemonic power, possessing the economic capacity (but not the political will) to lead an enlightened reform with respect to the unjust structures of the world-system. Today, however, the USA is in economic decline relative to imperialist and emerging powers, and it is in full political and moral decadence, incapable of leading the world (at least at the present time) in any possible constructive road toward peace, stability, and global economic development.
Secondly, during Cold War One, the People’s Republic of China was in its infancy, and its …