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The title of this paper derives from Christine Delphy's (1980) rejoinder to her Marxist critics, formulated at a time when feminist theory was centrally preoccupied with material social inequalities. Since then. we have witnessed the so-called "cultural turn" as a result of which perspectives that focus on social structures, relations, and practices have been sidelined. Not all feminists, however, took this turn, and there have recently been signs of a revival of materialist feminism. In assessing the effects of these theoretical shifts, and in making a case for the continued relevance of materialist feminism, I will focus on the analysis of gender and sexuality. Here, I will argue that a sociologically informed, materialist approach has more to offer feminism than more culturally oriented postmodern and queer perspectives. (C) 2001 Elsevier Science Ltd. All rights reserved.