This book presents a revolutionary new theory which provides a solution to some of the major controversies raging in the field of physics, particularly in quantum mechanics. Eight major theories (denoted here by t1 to t8) are compared herein with each other in respect to their plausibility. This book discusses this field in a new light from various scientific and logical angles. Here, a new paradigm is put forward under the new theory (denoted by tk), this theory being itself a part of a larger theory (denoted by TK). It is shown how the theory tk is more appealing and successfully answers many of the important dilemmas that have been present in this field. In a way, it shows how the various existing theories could simultaneously be given meaningful partial justification by TK even though they are seemingly contradictory.