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Essay on Machiavelli's "The Prince"

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In The Prince, Machiavelli spends a considerable amount of time discussing how to deal with the necessity of fortune. What is fortune and how does Machiavelli advise Lorenzo de Medici to deal with it? [Hint: use the entire book to make your case. Dealing with fortune is also tied to being good and bad—but you will need to discuss that tie.] 

 
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