In Australia, as overseas, much discussion is given in the literature to the question of the occupational status of occupational therapy in the health division of labour. Many authors base their analysis, implicitly and explicitly, on the concept of profession derived from the so‐called ‘trait’ approach. This paper critically examines the shaping influence that trait theory has exerted on occupational therapists' perspectives of profession. In doing so, the paper argues that dependence on this monistic approach goes some way towards explaining the confusion that characterizes much of the writing on the status of occupational therapy. Apart from creating confusion, it is argued that the trait approach results in a state of ‘false consciousness’ among practitioners and obscures the political character of the professionalization project. The paper concludes with a discussion of the future of occupational therapy and explains why it is unlikely that this occupation will achieve the privileges and rewards of the traditional professions.