Courtesy of Wikipedia:
"Machiavelli was published by Avalon Hill. Set in Renaissance Italy, the board is controlled by the Republic of Florence, the Republic of Venice, the Duchy of Milan, the Kingdom of Naples, the Papacy, Valois France, Habsburg Austria, and the Ottoman Turks. The game introduces many rules changes such as money, bribery, three seasons per year, garrisons, and random events such as plague and famine."
From the description, it sounds like how my friends and I played risk before we found diplomacy.