#licet plus subjunctive

Note the truncation on "magnū" for the accusative singular of "magnum." I wonder if a better reading of "licet occupet" would be "permitted to seize or control" the world, based on the accompanying engraving. A nice reminder that parcere takes a dative and that licet can introduce a subjunctive. The image comes from Johann Theodore de Bry's late 16th century Emblemata Secularia. Thanks to @libroantguo for sharing this on Twitter!