The paper develops an account of semantic notions which occupies a middle ground between antirealism and traditional forms of realism, using some ideas from the work of John McDowell. The position is based on a contrast between two points of view from which we might attempt to characterize our linguistic practices from the cosmic exile s point of view and from the midst of language as a going concern. The contrast is drawn in terms of whether our characterization of our (...) linguistic practices is taken to result from engagement in the very same practices that we are trying to characterize. The position takes realism to be correct when understood as an account from the internal perspective, but incorrect when taken as an account from the external perspective. However, the intelligibility of the question as to what our practices would look like from the cosmic exile s point of view is presented as problematic. (shrink)