I believe that Shylock is not a villain in the Merchant of Venice. I think he is just misunderstood and the victim of anti-semitism. I think if Shylock were left alone to his business or in an environment that was not anti-semitistic he would be shown in a much nicer light. He makes a really good point when he gives his speech about revenge, and I believe he isn't necessarily doing a bad thing. Granted he does get a little carried away near the end, but I dont think the role of the villain can be placed soley on Shylock.