The West has become accustomed to economic supremacy. But its dominance is in decline and perhaps already over. In 2023, the GDP of the BRICS - Brazil, Russia, India, China, and South Africa - has for the first time overtaken the Western G7 economies. Furthermore, the BRICS are cementing ties and coordinating policy. None sanctioned Russia over Ukraine and instead increased trade. They've also formed the New Development Bank which some fear will undermine the dollar and the global economy.

Will the BRICS redraw the global order and herald a new era of power block conflict? Or is the end of US supremacy an opportunity for a fairer distribution of the world's resources? Then again, is the new world order overdone and the challenge of the BRICS just what is needed for the West to rediscover belief in its values and culture?

Financier and activist Bill Browder, Financial Times China correspondent Yuan Yang, and economist Sergei Guriev delve into the implications for the world as the BRICS economies rise to prominence. Sasha Polakow-Suransky hosts.

In partnership with Foreign Policy.