The purpose of this paper is to describe a microscopically-based theory of the cuprates that combines the strong features of the above described antiferromagnetic and van Hove scenarios. The first step in the construction of such a theory is the observation that the ARPES quasiparticle dispersion may be caused by holes moving in a local antiferromagnetic environment, rather than by band structure effects. This idea is motivated by the existence of universal flat bands [5][6][7] near k = (π, 0), (0, π) in the spectrum of hole-doped cuprates (2D square lattice language), which are difficult to understand unless caused by correlation effects in the CuO 2 planes. Recently, [8,9] it has been shown that models of correlated electrons can account for such flat bands, and here we further elaborate on this idea showing that the agreement with ARPES is quantitative.Using the well-known two dimensional (2D) t − J model defined by the Hamiltonian,2 in the standard notation, the dispersion of one hole in an antiferromagnet can be calculated accurately [8] with numerical or analytical techniques. At small J/t, it was found that the hole dispersion iswhich was calculated using a Green's Function Monte Carlo method.[8] J = 0.125eV is the actual scale of the problem, and Eq. (2) shows that holes move within the same sublattice to avoid distorting the AF background. To improve the quantitative agreement with experiments described below, here a small hopping amplitude along the plaquette diagonals t ′ = 0.05t has been included in the Hamiltonian to produce the dispersion Eq.(2), but the qualitative physics presented in this paper is the same as long as |t ′ /t| is small. Now, let us assume a rigid band picture for the quasiparticles.[8] The dispersion is plotted in Fig.1a against momentum with the Fermi level at the flat band which corresponds to a hole density of x = 0.15 (in Fig.1a and 1c below, ǫ k is inverted i.e. the electron language is used rather than the hole language to facilitate the comparison with experiments). ǫ k contains a saddle-point located close to k = (π, 0), (0, π), which induces a large DOS in the spectrum.In addition, ǫ k is nearly degenerate along the cosk (Fig.1b). The most important detail to consider at a small but finite hole density is that the quasiparticle weight is smaller for the bands centered at momentum (π, π) than those at (0, 0) (as represented pictorially in Fig.1a-b, with dashed lines). These are the "shadow bands" which were discussed before in the spin-bag approach.[11] Another argument in favor of using our hole dispersion at a finite 3 density also comes from experiments. In Fig.1c we compare ǫ k along the k = (0, 0) − (π, 0) direction against ARPES results by the Argonne group [5,12] for YBCO. The agreement is excellent. It is worth emphasizing that the theoretical curve of Fig.1c is derived from a microscopic Hamiltonian, and it is not a fit of ARPES data. This is a major difference between the present approach and previous vH scenario calculations.To further elaborate on whether our...