I know the current societal climate demands equality for women in all areas of life, including in religion. It is true in the past women were unfairly degraded in some ways by the church, but also in other ways women have been respected and revered in the Church. The church pays a lot of honour to Mary for example, and also many women have been canonised as saints and some also as Doctors of the Church, including Teresa of Avila and Terese of Lisieux. The church also does not teach that lay women cannot pursue secular professions equal to men (i.e. women doctors, lawyers, scientists, philosophers, theologians and so on).
The Church’s tradition of male-only priesthood might seem archaic, but also if the church abandoned every tradition to accomodate itself to the norms of society at the time, I think the Church would become extinct. Human beings need a certain continuity in terms of tradition and heritage from our past, which is why one of my favourite areas of study has been History.
The magesterium has contemplated this social demand for women priests and decided it is not appropriate for the Church. Other churches outside Catholicism have decided otherwise, such as the Anglicans.