Scholars concerned with the foundations of quantum mechanics (QM) usually think that contextuality (hence nonobjectivity of physical properties, which implies numerous problems and paradoxes) is an unavoidable feature of QM which directly follows from the mathematical apparatus of QM. Based on some previous papers on this issue, we criticize this view and supply a new informal presentation of the extended semantic realism (ESR) model which embodies the formalism of QM into a broader mathematical formalism and reinterprets quantum probabilities as conditional (...) on detection rather than absolute. Because of this reinterpretation a hidden variables theory can be constructed which justifies the assumptions introduced in the ESR model and proves its objectivity. When applied to special cases the ESR model settles long-standing conflicts (it reconciles Bell’s inequalities with QM), provides a general framework in which previous results obtained by other authors (as local interpretations of the GHZ experiment) are recovered and explained, and supports an interpretation of quantum logic which avoids the introduction of the problematic notion of quantum truth. (shrink)