We present a pragmatic analysis of the different meanings assigned to the term “local realism” in the context of the empirical violations of Bell-type inequalities since its inception in the late 1970s. We point out that most of them are inappropriate and arise from a deeply ingrained prejudice that originated in the celebrated 1935 paper by Einstein-Podolski-Rosen. We highlight the correct connotation that arises once we discard unnecessary metaphysics.

Stapp’s counterfactual argument for quantum nonlocality based upon a Hardy entangled state is shown to be flawed. While he has correctly analyzed a particular framework using the method of consistent histories, there are alternative frameworks which do not support his argument. The framework dependence of quantum counterfactual arguments, with analogs in classical counterfactuals, vitiates the claim that nonlocal (superluminal) influences exist in the quantum world. Instead it shows that counterfactual arguments are of limited use for analyzing these questions.