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Published online by Cambridge University Press: 20 January 2017
When it comes to our understanding of the distribution and exercise of political power in the US, does it matter that women have not been able to break the glass ceiling? Most political decisions in the US are shaped by the preferences of elites. However, despite of important economic gains women continue to play a minor, and rather peripheral role, in the US business elite, with very few of them appointed to top management or to the CEO position, and an even smaller number belonging to the inner circle of corporate board directors. In parallel, the number of women who are millionaires is on the increase, but their impact on the political process is still small. Women are the majority of eligible and actual voters, and non-elite and elite women in particular have different political preferences than men – especially in the areas of social spending. However, in spite of the increased concerns with the high levels of inequality in the US, little or no change can be expected if women's voices continue to be drowned by the overwhelming male presence in the commanding heights of the business landscape.