This probably won’t work out, but I’ve been thinking about the Cantor and Russell Paradoxes and proper classes and had this curious idea: Maybe proper classes are non-existent possible sets. Thus, there is actually no collection of all the sets in our world, but there is another possible world which contains a set S whose members are all the sets of our world. When we talk about proper classes, then, we are talking about merely possible sets.
Here is the story about the Russell Paradox. There can be a set R whose members are all the actual world’s non-self-membered sets. (In fact, since by the Axiom of Foundation, none of the actual world’s sets are self-membered, R is a set whose members are all the actual world’s sets.) But R is not itself one of the actual world’s sets, but a set in another possible world.
The story about Cantor’s Paradox that this yields is that there can be a cardinality greater than all the cardinalities in our world, but there actually isn’t. And in world w2 where such a cardinality exists, it isn’t the largest cardinality, because its powerset is even larger. But there is a third world which has a cardinality larger than any in w2.
It’s part of the story that there cannot be any collections with non-existent elements. Thus, one cannot form paradoxical cross-world collections, like the collection of all possible sets. The only collections there are on this story are sets. But we can talk of collections that would exist counterfactually.
The challenge to working out the details of this view is to explain why it is that some sets actually exist and others are merely possible. One thought is something like this: The sets that actually exist at w are those that form a minimal model of set theory that contains all the sets that can be specified using the concrete resources in the world. E.g., if the world contains an infinite sequence of coin tosses, it contains the set of the natural numbers corresponding to tosses with heads.