Eroticism has been a major site of conflict within feminism in the last three decades. This essay attempts to analyze feminist debates over the power of the erotic, hoping to find ways for feminism to "harness" the erotic as subverting, expanding, and connecting life force in the new age of gender equality. Feminist arguments over eroticism have pivoted around women`s rights to their own sexual pleasures (1960s), feminist criticism of heterosexual eroticism and its oppression of women`s "true" eros (1970s), "sex wars" between anti-pornography and anti-censorship agendas (1980s), and more recently, queer theory`s vindication of pornography as an `expressive strategy` and post-Lacanian demand for more empirically-oriented paradigms for female desire. Touching upon some of the key sexual, political, and ethical issues, feminist discourse on eroticism opened up opportunities to reflect upon and re-consider the meaning and limitations of the women`s liberation movement. The polarized disputes between libertarian and romantic paradigms have continued to be torn between struggles of bodies to be protected and recognized, between `freedom from` the abusive patriarchal eroticism and `freedom to` liberal women`s eroticism. At the end of the essay, I suggest that feminism needs to invent a more inclusive and productive convergence with eroticism by grappling with the possibility of a new sexual ethics which not only acknowledges historical conditions and cultural contexts that structure women`s eroticism but at the same time open up the possibility of intervention and change made by individual subjects.