Building on suggestions by Isaiah Berlin, a number of thinkers have elabora
ted a moral theory of value pluralism. Berlin himself believed that value p
luralism was consistent with liberalism, which he understood as a political
theory giving great weight to the value of negative liberty. Theorists led
by John Gray have argued, however, that Berlin's pluralist stance toward v
alues is not consistent with his commitment to liberalism. Gray's critique
has triggered a wide-ranging theoretical debate, and the purpose of this ar
ticle is to assess that debate. I sketch the essentials of value pluralism
and explore its implications for liberal political theory. I conclude that
Gray's argument modifies our understanding of liberal democracy but does no
t drive a wedge between value pluralism and liberal democratic theory. Neve
rtheless, it underscores the importance of prudence and attention to specif
ic circumstances when using liberal democratic norms to guide the reform of
illiberal institutions.