Abstract
A growing number of philosophers and linguists have argued that many, if not most, terms in our language should be understood as semantically context sensitive. In opposition to this trend, Herman Cappelen and Ernie Lepore defend a view they call "Semantic Minimalism", which holds that there are virtually no semantically context sensitive expressions in English once you get past the standard list of indexicals and demonstratives such as "I", "you", "this", and "that". While minimalism strikes many as obviously false, it will be argued here that the view is more plausible than commonly assumed if one accepts the 'normative' conception of the relation between meaning and use characteristic of the literature on semantic externalism. That said, it is not clear that Cappelen and Lepore always conceive of their minimal semantic contents in this more normative fashion, and once this framework is place, a version of 'moderate contextualism' that they do not consider comes into view.