The process of evolution of feminism is being examined within the present article. The authors describe each wave of feminism and argue for the need of introducing the concept of the fourth wave of feminism into the feminist discourse, which is characterized by the absence of a linear orientation in the struggle for women’s rights. At the same time, as a semantic bracket of the fourth wave, one can designate the transition of feminist activism into the digital space, in which the new forms of self-organization and collective actions become possible. Pursuant to the authors’ outlook, the emergence of feminism as a genuine consolidating force is only inherent to the fourth wave of feminism. The authors distinguish three types of practices that correspond to this wave: hashtag-indexing, the practice of feminist blogging, and public representation, which are becoming modern ways of forming social capital.Keywords: feminism, sexism, digital space, feminist discourse, nonlinearity of modern feminism, social capital, waves of feminism, the fourth wave of feminism, digital activism.