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W004 SEPTEMBER 2026 LITERATURE

The Price of Mercy

What Shakespeare’s The Merchant of Venice made me think about power, revenge, and who actually deserves forgiveness.

BY MELEK N. GÜRKAN 5 MIN READ

Honestly, when I first came across the whole “pound of flesh” contract, I almost laughed out loud. A guy takes out a loan, defaults, and the lender just goes, “Cool, I’ll carve a pound of flesh out of you then.” I mean... was he actually being serious???

It wasn't until I read deeper that I realized the contract isn't even the core issue. It’s really about Antonio and Shylock’s dynamic. Neither guy is a saint here. Neither is purely evil or purely good either—it's just messy.

Antonio borrows three thousand ducats just so Bassanio can go flex and chase Portia. And he’s so ridiculously confident his ships will make it back that he signs off on this absurd condition. A pound of his own flesh. At first, they even call it a “merry bond,” basically treating it like an inside joke. Then the ships sink, and the joke stops being funny real quick.

Also, money is pretty much everywhere in this play. Bassanio is leeching off Antonio, Antonio is gambling on his ships, Portia is trapped by her dead dad’s financial conditions. Even the rings later on get treated like high-stakes currency. Everyone's bargaining for something, and Shylock’s demand is just the most unhinged version of that pattern.

Looking at Shylock

And honestly? You can't talk about Shylock without looking at how people treat him. Yeah, he wants the flesh and shuts down the cash offers, so it's easy to just label him the villain. But Antonio spent years publicly degrading him just for being Jewish. It doesn't make Shylock’s actions okay—obviously not—but it makes his rage way easier to understand.

That “Hath not a Jew eyes?” speech honestly hits pretty hard. He’s basically asking, “Why do you hate me, but ignore that I bleed the exact same way you do?” For a second, you're on his side. But then he turns right back around and craves Antonio’s complete destruction, and just like that, the sympathy evaporates. Antonio isn't innocent, but Shylock definitely isn't in the right either.

The Trial

Then comes the trial scene, which is what everyone remembers anyway. Shylock wants his flesh, Portia turns up disguised as a lawyer. She delivers that famous “quality of mercy” speech—which sounds great on paper—and then immediately uses the tiny technicalities of the contract to crush him. “Take the flesh, but spill one drop of blood and you die.” Brilliant move? Sure. Extremely cold-blooded though? Absolutely.

The exact person lecturing everyone about mercy ends up stripping Shylock of his wealth, his identity, and even forces him to convert. Meanwhile, Antonio just walks away scot-free.

Calling this a “comedy” today feels super weird, at least to me. You’ve got romance, disguises, jokes, weddings... but you’ve also got blatant antisemitism, revenge, a guy almost getting sliced open, and a man’s whole life dismantled. Shylock isn't a pure villain, but making him out to be a saint doesn't work either. He suffered, but he still chose to be ruthless. Antonio acts like a victim in court, but he was a massive bully for years.

Maybe the play just doesn't want to give a clean answer. It kind of just leaves you with one uncomfortable question and walks away: What do you actually do when you're the one holding all the power?

Melek N. GÜRKAN

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