The most basic divide amongst analytic metaphysicians separates realists from anti-realists. By examining certain characteristic and problematic features of these two families of views, we uncover their underlying metametaphysicalorientations, which turn out to coincide. This shared philosophical picture that underlies both the realist and the anti-realist project we call the Modern Picture. It rests on a crucial distinction between reality as it is for us and reality as it is in itself. It is argued that this distinction indeed generates the (...) realism/anti-realism dichotomy, and is also responsible for the problematic aspects highlighted earlier. We conclude by sketching an alternative philosophical picture that rejects the distinction between reality as it is for us and reality as it is in itself, which we call the Aristotelian Picture, and consider whether it is able to avoid the issues to which the Modern Picture gives rise. (shrink)