What is the rational response when confronted with a set of propositions each of which we have some reason to accept, and yet which taken together form an inconsistent class? This was, in a nutshell, the problem addressed by the Jaina logicians of classical India, and the solution they gave is, I think, of great interest, both for what it tells us about the relationship between rationality and consistency, and for what we can learn about the logical basis of philosophical (...) pluralism. The Jainas claim that we can continue to reason in spite of the presence of inconsistencies, and indeed construct a many-valued logical system tailored to the purpose. My aim in this paper is to offer a new interpretation of that system and to try to draw out some of its philosophical implications. (shrink)