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He describes those moralities, which, on today's value, we believe a prince should possess. He also emphasizes that his treatment is meant to be useful for a prince. Thus it pursues "the real truth of the matter," not the many "imagined republics and principalities such as have never been known to exist in reality." A prince should be good or bad as circumstances command. He ends up saying that some "virtues" will lead to a prince's destruction, whereas some "vices" allow him to survive. After reading, "On Generosity and Miserliness" he is stating that we commonly think that it is best for a prince to have a reputation of being generous...
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