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It is somewhat ironic that scholars of international political economy take inspiration from a 10-year old study by Goldman Sachs. Still, it has become more than obvious that the future face of capitalism will be influenced in fundamental ways by countries such as Brazil, Russia, India or China (BRIC). In order to understand the development of capitalism after neoliberalism/financialization,¹ we need to link the study of global regulation - the focus of the previous section of this book - with an investigation into the capitalist developments within these countries. In order to do so, this chapter combines approaches from international political economy with concepts derived from comparative political economy, thereby complementing a historical diachronic perspective on capitalism with a spatial synchronic one. In doing so, it shares the concerns of the notion of ‘variegated capitalism’ (Peck and Theodore 2007 …