This paper examines Goldthorpe's attempt to develop a theory which exp
lains the stability of class relations and the generative processes by
which class inequalities are sustained in general and the application
of rational action theory to the explanation of persistent class diff
erentials in educational attainment in particular. It is argued that G
oldthorpe has restricted the remit of his theory to the mobilisation o
f economic resources and that the importance of cultural and social re
sources in the reproduction of advantage has been dropped from view. T
his development derives from his minimalist definition of class in ter
ms of employment relations rather than collectivities of people who sh
are identities and practices. Furthermore, Goldthorpe's reliance on ra
tional action theory has led to an overly materialistic view of how in
dividuals and families mobilise their resources across generations. He
ignores the role of norms and values in shaping action and the level
of indeterminacy or precariousness by which advancement may or may not
be achieved. The implications of these criticisms for the future of c
lass analysis are explored.