The main purpose of this Bachelor's thesis is to examine the cold war era(1948-1989) and the Post-cold war era (1991-2024) to determine if there isany correlation between the two time periods, particularly in the continuationof conflict and power dynamics. The study employs the use of the Realismand the Liberalism perspective from international politics to examine the twoprimary variables chosen, those being proxy war and the power dynamics.Both variables were examined from a Cold war era perspective and apost-cold war era perspective as well compared by looking at the liberalistand realist perspective.The analysis demonstrates that while the cold war historically ended in 1991with the dissolution of the USSR, its core structure and dynamics of conflictand power persist in a modified form. Proxy wars, a hallmark of the coldwar's bipolar nature remain prevalent but have adapted to the multipolarworld with new actors like a stronger China and a resurgent Russia joiningthe traditional actors of the United states of America. Similarly, powerdynamics have shifted from the bipolar stability of the cold war to thecomplexities of unipolarity and multipolarity, revealing structural continentsand ongoing rivalries. This thesis concludes that the elements that made upthe cold war never truly disappeared but instead evolved with its method,actors and geopolitical landscape reshaped for the 21st century.