What does the cryptic crossword clue "Hated theory developed recently (3,5,3)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Hated theory developed recently (3,5,3)

Guardian Cryptic #26592 | 25 Across | 2015-06-08 flower

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