Explain the Paradox Described by the Following Statement: the Construction

question 13

Essay

Explain the paradox described by the following statement: The construction of a society devoted to individual freedom and liberty in the New World "was made possible only by the revival of an institution of naked tyranny foresworn for centuries in the Old [world]" (Lacy, 1972, p. 22).

---

Definitions:

Withdraw

To withdraw means to take out funds from an account, remove participation in an activity, or retract from a position or commitment.

Retire

To withdraw a financial instrument from circulation, or for an individual to leave the workforce and cease employment.

Invested

The action of allocating resources, usually money, with the expectation of generating an income or profit.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as part of retirement strategy.