Act 5 scene 1
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Richard acknowledges that his former life is just a dream. He did not really understand the world but lived under misunderstandings.
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Richard prophesizes that Northumberland and Bolingbroke will be at odds, thus preparing for the next play, Henry IV, part 1. This is a very Machiavellian view: if one take power unlawfully from annointed king, he should fear those who helped him there because they are a reminder of how he usurped the throne and also they know and are not afraid to get rid of one king and may be willing to get rid of him.
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The conflict between emotion and political necessity is faced here and Northumberland chooses policy. If they come in conflict, Machiavellian says a prince must sacrifice private principles or emotion from his political policies which are how he keeps the power to be a ruler. Shakespeare raises this issue with Northumberland, but does not allow Bolingbroke to face this kind of ethical dilemma.