In this paper, we outline the main features of the nonlinear quantum evolution equation proposed by the present author. Such an equation may be used as a model of reduced subsystem dynamics to complement various historical and contemporary efforts to extend linear Markovian theories of dissipative phenomena and relaxation based on master equations, Lindblad and Langevin equations, to the nonlinear and far nonequilibrium domain. It may also be used as the fundamental dynamical principle in theories that attempt to unite mechanics and thermodynamics, such as the Hatsopoulos–Gyftopoulos unified theory which motivated the original development of this well-behaved general nonlinear equation for the evolution of the density operator capable of generating irreversible deterministic relaxation to thermodynamic equilibrium from any far nonequilibrium state even for an isolated system.