Multicultural policies have been spreading around the world. How does implementation of multicultural polices affect local ideas about race, inequality and multiculturalism? This paper investigates this issue with respect to affirmative action policies in Brazilian universities. Our interviews with university administrators and university students indicate that, when implemented in Brazil, affirmative action acquires class-based justifications, and ideas about racial diversity are replaced by ideas about class diversity. Our findings suggest that, differently from what some analysts have argued, affirmative action is not necessarily associated with postmodern concerns and identities: In Brazil, it is mostly associated with a modern discourse in which class cleavages are still very salient and the state plays a significant role in addressing inequalities.