A dialectical relationship between ‘big D’ Development (broadly, the formal interventionist, international Development sector) and little ‘d’ development (the immanent structures and processes of capitalism) is a concept widely invoked in Geography and Development Studies. In this paper, we ask how the d/Development dialectic is evolving under current conjunctures of emergent state capitalism(s). We suggest that, going beyond ‘containment’, Development is ever more deeply inhabited by (capitalist) development; with implications for its palliative and restructuring roles, and for praxis, contestation and transformation.