I found the Prince a truly great book, and Machiavelli something of a social genius. He understood his time perfectly, and knew what was needed to maintain overall state power and security, the benefits of which usually have a knock on effect by benefiting society. That said, I would say that I do support his theories and philosophy in context. Certainly aspects are applicable in all societies, but others are more specific.
Can you have both??
I heard a quote today from the 1500's on the History chnl., don't ask his name. He was Italian and it was a hard name, But he said "Is it better to be loved or feared? It would best to have both, but since they are not so close to each other, it is better to be feared."
Interesting.
Since theres not much posted in Philosophy forum, I thought I would throw something out there.