Wisdom Of The Week

Machiavelli’s “The Prince” is a great book and should be made compulsory reading for all MBA students. To many people, The Prince is an evil book. But Joseph L. Badaracco, who teaches a hugely popular course titled “The Moral Leader” at the Harvard Business School uses this book to teach ethics. And he teaches ethics by telling students to follow Machiavelli’s advice in The Prince.

In an interview, Badaracco has said that four different takes on The Prince usually emerge in classroom discussions of The Prince at HBS:

• Version 1 : “This book is a mess. It was written by a guy who hoped to get to the center of things, was there briefly, offended some of the wrong Medicis, was exiled, was tortured, and wanted to get back in.” It’s “a scholar’s dream because you can find anything you want in it and play intellectual games. But just put it aside.”
• Version 2 : “Now wait a minute. There’s some good common sense in there. Machiavelli is basically saying that if you want to make an omelet you have to break some eggs… To do some right things, you may have to not do some other right things.”
• Version 3 : Other students believe the book is still around because it’s so evil. Why is it evil? “If you look closely at The Prince,” he said, “it’s quite interesting what isn’t in the book. Nothing about religion. Nothing about the Church. Nothing about God. There’s nothing about spirituality. Almost nothing about the law. Almost nothing about traditions. You’re out there on your own doing what works for you in terms of naked ambition.”
• Version 4 : “A fourth Prince that other students uncover is the most interesting one, in Badaracco’s mind. Students find that the book reveals a kind of worldview, he says, and it’s not an evil worldview. This version goes: “If you’re going to make progress in the world you’ve got to have a clear sense, a realistic sense, an unsentimental sense, of how things really work: the mixed motives that compel some people and the high motives that compel some others. And the low motives that unfortunately captivate other people.” Students who claim the fourth Prince, Badaracco said, believe that if they’re going to make a difference, it’s got to be in this world, “and not in some ideal world that you would really like to live in.”

One of my favourite mental models comes from The Prince. I call this model, the “law of the higher good“. Before I read The Prince, I read an excellent book called, “The Contrarian Guide to Leadership” by Steven Sample. In this book, which was recommended by Mr. Munger, Sample’s thoughts on the law of the higher good from The Prince resonated very well with what Mr. Munger has been advocating for years.

I reproduce here an extract from Sample’s book which deals with the law of the higher good:

“Let me clarify the most fundamental misunderstanding. Machiavelli was not an immoral or even an amoral man; as mentioned earlier, he had a strong set of moral principles. But he was driven by the notion of a higher good: an orderly state in which citizens can move about at will, conduct business, safeguard their families and possessions, and be free of foreign intervention or domination. Anything which could harm this higher good, Machiavelli argued, must be opposed vigorously and ruthlessly. Failure to do so out of either weakness or kindness was condemned by Machiavelli as being contrary to the interests of the state, just as it would be contrary to the interests of a patient for his surgeon to refuse to perform a needed operation out of fear that doing so would inflict pain on the patient.”

The law of the higher good is a terribly useful model for leaders because it forces them to think about things from a totally different perspective.

- Farnam Street on The Prince by Niccolo Machiavelli