We introduce a statistical physics framework for learning in neural architectures composed of single or interconnected asymmetric attractor networks. These systems can exhibit a manifold of global fixed points capable of implementing sophisticated input-output mappings, which we characterize analytically. Learning from extensive datasets is achieved through the stabilization of fixed points via a fully distributed and local learning process, implemented at the single-neuron level. This simple mechanism yields performance comparable to that of conventional feedforward deep neural networks trained using gradient-based methods. The effectiveness of the model stems from the dense and accessible manifolds of stable fixed points, which encode the internal representations of data. Unlike other approaches to deep learning without backpropagation, our method does not attempt to estimate gradients.