A similar question, but specifically related to "…in order to forge a new empire for the explicit purpose of ethnic Russian domination of the world." – what is

A similar question, but specifically related to "…in order to forge a new empire for the explicit purpose of ethnic Russian domination of the world." – what is the purpose of this in this day and age, it would take generations by which time the people initiating change would be dead, is it just an archaic form of racism?