A scaling theory of long-wavelength electrostatic turbulence in a magnetised, weakly collisional plasma (e.g., drift-wave turbulence driven by ion temperature gradients) is proposed, with account taken both of the nonlinear advection of the perturbed particle distribution by fluctuating E × B flows and of its phase mixing, which is caused by the streaming of the particles along the mean magnetic field and, in a linear problem, would lead to Landau damping. It is found that it is possible to construct a consistent theory in which very little free energy leaks into high velocity moments of the distribution function, rendering the turbulent cascade in the energetically relevant part of the wavenumber space essentially fluid-like. The velocity-space spectra of free energy expressed in terms of Hermite-moment orders are steep power laws and so the free-energy content of the phase space does not diverge at infinitesimal collisionality (while it does for a linear problem); collisional heating due to long-wavelength perturbations vanishes in this limit (also in contrast with the linear problem, in which it occurs at the finite rate equal to the Landau-damping rate). The ability of the free energy to stay in the low velocity moments of the distribution function is facilitated by the "anti-phase-mixing" effect, whose presence in the nonlinear system is due to the stochastic version of the plasma echo (the advecting velocity couples the phase-mixing and anti-phase-mixing perturbations). The partitioning of the wave-number space between the (energetically dominant) region where this is the case and the region where linear phase mixing wins its competition with nonlinear advection is governed by the "critical balance" between linear and nonlinear timescales (which for high Hermite moments splits into two thresholds, one demarcating the wave-number region where phase mixing predominates, the other where plasma echo does). † Email: alex.schekochihin@physics.ox.ac.uk † The erudite reader given pause by 1/2 rather than 3/2 in the prefactor of 1/LT in equation (2.16) will recall that we have integrated out the v ⊥ dependence. ¶ This has attracted recurring bursts of attention over many years, especially recently (