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As global crises intensify, the search for an alternative socio-economic system becomes critical. Increasingly, attention is turning to BRICS, particularly as members like Russia and China adopt anti-Western rhetoric in response to unprecedented trade and sanction pressures. On one hand, these challenges highlight the consequences of opposing Western political and economic dominance, driving middle-income economies to explore alternative collaborations. BRICS, representing over 40% of the global population and 35-37% of world GDP across four continents, appears well-positioned to offer such an alternative. However, significant obstacles hinder BRICS' potential to establish a multilateral world order. Global trade and services remain dominated by transnational corporations based in North America, Western Europe, and Japan, which exert control through vast networks of subsidiaries. Additionally, while much of the world's manufacturing occurs in Asia, the major financial centers and systems are firmly rooted in North Atlantic countries. This dominance allows for punitive economic measures, particularly in the financial sector, where institutions can be disconnected from international systems. Furthermore, BRICS members are separately deeply integrated into the global capitalist framework, often reproducing Western-led globalist narratives, especially amidst the rise of antisocial digitalization. Economic ties of BRICS nations to the West often outweigh intra-group connections, casting doubt on their ability to lead a truly multilateral order. These challenges are compounded by the lack of key institutional frameworks such as a charter, unified payment systems, or economic coordination mechanisms. BRICS members also exhibit stark disparities in economic development, ranging from advanced economies like China and the UAE to underdeveloped ones like Ethiopia. Addressing these disparities is crucial for fostering sustainable cooperation. A potential solution lies in leveraging economic cybernetics to create an integrated information system for economic management. It is the sustainable economic base and linkages that will fund the institutional, political and financial superstructure for mutual cooperation. In this context, it is essential to consider the experience of developing a global information system for economic management in the BRICS countries, founded upon the principles of economic cybernetics. The fundamental principle of this cybernetic system is considering feedback from multiple enterprises in the calculation of production chains through the dynamic input-output model. The significance of the production chains is that they are often objectively global; plus, today's production, especially high-tech production, has reached a high level of complexity and specialization. The significance of production chains is that they are often objectively global. Modern production, especially high-tech production, has reached a high level of complexity and specialisation. The use of digital technologies in favour of economic management, rather than increasing social control in favour of Big Tech corporations, can create a genuine alternative to the dominance of digital platforms and financial corporations using the North Atlantic countries as a shell.
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