Over recent years a series of articles has appeared, the aim of which has been to demonstrate an unjustifiable neglect of women in social stratification theory and research and, in turn, to level charges of `intellectual sexism' against sociologists active in this area. The central concern of the present paper is to address certain of the major substantive issues which are raised in this literature, and to argue that they have not so far been adequately treated from either a theoretical or an empirical standpoint. In Part I of the paper, an attempt is made to distinguish between two lines of theoretical argument on the position of the family within the system of social stratification which, in recent critiques, appear to have been unduly conflated. These are the arguments of (i) structural-functionalists of mainly American provenance, and (ii) mainly European exponents of class analysis. In Part II, empirical data are then presented, by reference to which the stance adopted by the latter can be illuminated and, moreover, substantially supported. In Part III, an attempt is made to show, on the basis of the foregoing, that certain conceptual and methodological developments that have been proposed in order to adapt class analysis to the increased labour market participation of women, and especially of married women, entail serious difficulties.