Possible worlds are commonly seen as an interpretation of modal operators such as "possible" and "necessary". Here, we develop possible world semantics (PWS) which can be expressed in basic set theory and first-order logic, thus offering a reductionist account of modality. Specifically, worlds are understood as complete sets of statements and possible worlds are sets whose statements are consistent with a set of conceptual laws. We introduce the construction calculus (CC), a set of axioms and rules for truth, possibility, worldness (...) and consistency. We show that CC allows to prove fundamental theorems about necessity, possibility, impossibility and contigency, thus demonstrating prima-facie plausibility of PWS. Finally, we discuss the explanatory power of our approach and draw connections between our account and established philosophical conceptions of possible worlds. (shrink)