  I present a first-principles theory of diffusion-limited aggregation in two
dimensions. A renormalized mean-field approximation gives the form of the
unstable manifold for branch competition, following the method of Halsey and
Leibig [Phys. Rev. A {\bf 46}, 7793 (1992)]. This leads to a result for the
cluster dimensionality, D \approx 1.66, which is close to numerically obtained
values. In addition, the multifractal exponent \tau(3) = D in this theory, in
agreement with a proposed `electrostatic' scaling law.
