Abstract
In response to the rapid and global socio-economic and political transformations within traditional and emerging democracies toward the end of the 20th Century and the beginning of the 21st Century, the need for a credible philosophical theory providing some explanatory wisdom and guidance to avoid descent into chaos, this paper argues, has become an imperative. This paper examines the plausibility of utilizing Plato's Theory of Change for the purpose, and identifies with Karl Popper's criticism of the theory for its inherent historicism and totalitarianism. However, unlike Popper who stops at the criticism of the theory, I proceed with a reconstruction of Plato's theory, partly based on Popper's criticism, and apply it to the ongoing global changes and transformations. The new Plato-Popperian Theory of Change is then tested and applied to traditional as well as emerging democracies. Finally, the paper ends with compelling recommendations for policy-makers as well as social and political philosophers.