Modern feminism or third wave feminism consists of garnering equal rights for ALL women no matter what race, class, age etc.
Feminism is a diverse collection of social theories, political movements, and moral philosophies, largely motivated by or concerning the experiences of women, especially in terms of their social, political, and economic situation. As a social movement, feminism largely focuses on limiting or eradicating gender inequality and promoting women's rights, interests, and issues in society.
In the 1960s and 1970s, much of feminism and feminist theory represented, and was concerned with, problems faced by Western, white, middle-class women while claiming to represent all women. Since then, many feminist theorists have challenged the assumption that "women" constitute a homogeneous group of individuals with identical interests. Feminist activists emerged from within diverse communities, and feminist theorists began to focus on the intersection between gender and sexuality with other social identities, such as race and class. Many feminists today argue that feminism is a grass-roots movement that seeks to cross boundaries based on social class, race, culture, and religion; is culturally specific and addresses issues relevant to the women of that society (for example female genital cutting in Africa or the alleged glass ceiling in developed economies); and debate the extent to which certain issues, such as rape, incest, and mothering, are universal.
According to the United Nations Human Development Report 2004: Section 28, Gender, Work Burden, and Time Allocation, women work on average more than men, when both paid employment and unpaid household tasks are accounted for. In rural areas of the developing countries surveyed, women perform an average of 20% more work than men, or an additional 98 minutes per day. In the OECD countries surveyed, on average women performed 5% more work than men, or 18 minutes per day.
Women own only 1 percent of the world's wealth, and earn 10 percent of the world's income, despite making up 49.5 percent of the population.
Women are underrepresented in all of the world's major legislative bodies (see Women in National Parliaments, November 2004). In 1985, Finland had the largest percentage of women in national legislature at approximately 32 percent (P. Norris, Women's Legislative Participation in Western Europe, West European Politics). Currently, Sweden has the highest number of women at 45 percent. The United States has just 14 percent. The world average is just 9 percent. In contrast, half of the members of the recently established Welsh Assembly Government are women.